*11th Feb 2025 Markets outlook for the day* #usmarkets - Yesterday- US markets closed positive despite tarrif worries led by tech gaints. US futures rise on dip as trump signs tariff orders and inflation data awaited Global markets sentiment neutral. Most Asian markets trade mixed in early morning hours. Indian markets sentiment neutral. Fundamental Longterm view neutral for Indian markets. Gift Nifty indicate muted opening. India VIX rebound at 14.45 from 13.68 as Indian markets saw negative session. Global currency and Bonds- US Dollar index flat to 108.38 from 108.30 as focus shifts on tariff. US 10 yr Bond yields muted at 4.49 from 4.48 Global Commodities - Comex Gold trades positive at all time highs at $2965 from $2890 on safe heaven bets. Comex Silver trade muted at $32.25 from $32.55 Comex copper trades positive at $4.66 from 4.60 Brent Crudeoil trade positive at $75.95 from 75.15 on trump new tarrifs. Natural Gas prices muted at 3.44 from 3.42 on warmer weathers. Indian markets Derivatives data - Fii's were net sellers of  -2464Cr in cash markets in previous trading session while Dii's were net buyers of +1516Cr in cash market. Feb series Fii's are negative in index fut & added shorts in index fut to -188k contracts from -168k shorts in index fut and added net longs in stock fut. Pro traders are net buyers in index fut of +6k and net longs stock futures. Dii's were net longs in index fut of 10k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +189k from +172k contracts longs and net longs in stock futures. Options data - Feb Nifty Monthly expiry has highest put writing at 22800/23000 strike and 24000/23800 strikes has highest call writers. Nifty Feb Weekly expiry has highest put writing at 23200/23300 & 23600/23500 strikes has highest call writers. Bank nifty Feb Monthly expirye saw major call writing at 51000/50500 strike and major put writing seen until 48500/48000 strike. Sensex Feb weekly expiry saw major call writing at 79000/79500 strikes and Major put writing seen at 76500/77000 PCR Ratio of Nifty PCR at 0.75 from 0.83 and Bank nifty PCR at 0.82 from 0.85 Sensex PCR at 0.54 from 0.60 Indices performance - Yesterday trading session saw negative session in broader markets with selling pressure across sectors. Indian markets negative session across sectors with negative Market breadth. IT, Auto, banks, Pharma, midcaps, Smallcaps, Energy, Reality, fmcg, Consumption sectors saw selling pressure. Market news - Trump signs orders with tarrif threats on steel and aluminum products imports to US with 25% tariffs. Technical view : Yesterday session saw weak session with profit booking and sharp sell off from 1st hour with negative close at 23381 with negative Market breadth of 2:8 Adv:Dec Ratio. Nifty trading below 5EMA 23505 & below 10 EMA 23460 and below 20EMA 23435 & below 50 EMA 23680 Nifty range shifted to 23000-23800 zone for next few sessions ahead, Nifty major trend is neutral. Today's Nifty big support is at 23220/23235 zone & big resistance at 23575/23605 Nifty trading below 200EMA 23590 and below 200 SMA 24040 & below 100 EMA 23850 zone. Today Nifty minor support seen at 23285/23320 while major support seen at 23210/23235 While minor resistance seen at 23455/23465 zone while major resistance seen at 23515/23535 zone. Daily CPR at 23575 Weekly CPR at 23530 Monthly CPR at 23507 Nifty structure is neutral in short term. Nifty fut closed negative -0.68%. Nifty fut OI at 1.74Cr with short build up & addition in OI by +2.44% , major support 23210/23240 for longs. Yesterday session #banknifty opened flat and traded sideways to weakness bound session throughout the day with last hour pull back to close the session negative at 49981 led by pvt banks. Major support seen at 49680/49710 zone and major resistance at 50640/50680 zone. Banknifty trades below 5 EMA of 50030 and above 10 EMA 49780 and trading above 20 EMA 49690 & above 20 SMA 49245 and below 50EMA 50220 and trading below 100EMA 50640 & Bank nifty trading just around 200EMA 50210/ below 50905 200 SMA. For today Bank nifty minor support seen at 49780/49805 zone while major support seen at 49680/49706 zone and minor resistance seen at 50140/50160 zone while major resistance seen at 50470/50535 zone Daily CPR at 50220 Weekly CPR at 49920 Monthly CPR at 49700 Bank nifty view is neutral to positive in short term with range of 49500-51500. Bank nifty fut closed negative -0.24% with open interest at 27.40 lakhs & long unwinding with addition in OI at +0.15%,buy on dips with stoploss at 49630/49550 for tgt 51560. Sectors to watch today- Positive/neutral- IT Banking, Telecom, Defence sectors, Psubank, Financials, Capital goods, pharma, Reality. Negative/neutral - Fmcg, Consumption, Energy,Midcaps, Smallcap. Stocks to watchout today- POSITIVE- Nyka, Manappuram, Muthoothfin, Kotakbank, Icicibank, Bergerpaints, Escorts, Tataconsumers, Bataindia, Hcltech, Wipro, Zomato, Rblbank, Asianpaints. NEGATIVE- Hindalco, Tatasteel, Lodha, Trent, Nalco, SAIL, Rec, Suntv, Jubfood. Good morning!!! Have a Good trading day!!! 👍