*12th Feb 2025 Markets outlook for the day* #usmarkets - Yesterday- US markets closed muted as Fed chairman Powell talks down rate cut hopes. US futures flat ahead of inflation data. Global markets sentiment neutral. Most Asian markets trade positive in early morning hours. Indian markets sentiment neutral. Fundamental Longterm view neutral for Indian markets. Gift Nifty indicate positive opening. India VIX rise at 14.86 from 14.45 as Indian markets saw negative session. Global currency and Bonds- US Dollar index lower to 107.84 from 108.38 as focus shifts on tariff. US 10 yr Bond yields muted at 4.54 from 4.49 Global Commodities - Comex Gold trades cooled off from all time highs to $2915 from $2965 on profit booking. Comex Silver trade muted at $32.30 from $32.25 Comex copper trades muted at $4.59 from 4.66 Brent Crudeoil trade positive at $76.75 from 75.90 despite US stock pile rise. Natural Gas prices muted at 3.51 from 3.44 on warmer weathers. Indian markets Derivatives data - Fii's were net sellers of  -4486Cr in cash markets in previous trading session while Dii's were net buyers of +4002Cr in cash market. Feb series Fii's are negative in index fut & added shorts in index fut to -198k contracts from -188k shorts in index fut and added net longs in stock fut. Pro traders are net buyers in index fut of +3k and net longs stock futures. Dii's were net longs in index fut of 6k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +199k from +189k 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 22900/23000 & 23400/23300 strikes has highest call writers. Bank nifty Feb Monthly expirye saw major call writing at 50000/50500 strike and major put writing seen until 48500/48000 strike. Sensex Feb weekly expiry saw major call writing at 78000/77500 strikes and Major put writing seen at 75500/75000 PCR Ratio of Nifty PCR at 0.70 from 0.75 and Bank nifty PCR at 0.75 from 0.82 Sensex PCR at 0.66 from 0.54 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 - Indian Rupee Hit all time lows of 87.99 yesterday and sharp pullback to 86.40 after central bank action to hold rupee fall. Higher US yields ahead of Important US inflation. Technical view : Yesterday session saw weak session with sharp sell off in indices led by selling across largecap and broader index stocks to negative close at 23071 with negative Market breadth of 2:10 Adv:Dec Ratio. Nifty trading below 5EMA 23345 & below 10 EMA 23380 and below 20EMA 23399 & below 50 EMA 23630 Nifty range shifted to 228000-23800 zone for next few sessions ahead, Nifty major trend is neutral to negative Today's Nifty big support is at 22960/22945 zone & big resistance at 23375/23345 Nifty trading below 200EMA 23560 and below 200 SMA 24030 & below 100 EMA 23830 zone. Today Nifty minor support seen at 23011/23020 while major support seen at 22950/22965 While minor resistance seen at 23155/23185 zone while major resistance seen at 23265/23245 zone. Daily CPR at 23425 Weekly CPR at 23530 Monthly CPR at 23507 Nifty structure is neutral to negative in short term. Nifty fut closed negative -1.48%. Nifty fut OI at 1.67Cr with short build up & addition in OI by +1.64%. Yesterday session #banknifty opened flat and traded with weakness throughout the day to close the session negative at 49403. Major support seen at 48980/49050 zone and major resistance at 50040/49980 zone. Banknifty trades below 5 EMA of 49780 and above 10 EMA 49680 and trading above 20 EMA 49660 & above 20 SMA 49245 and below 50EMA 50120 and trading below 100EMA 50610 & Bank nifty trading just around 200EMA 50200/ below 50905 200 SMA. For today Bank nifty minor support seen at 49180/49245 zone while major support seen at 49020/48956 zone and minor resistance seen at 49630/49620 zone while major resistance seen at 49760/49780 zone Daily CPR at 49940 Weekly CPR at 49920 Monthly CPR at 49700 Bank nifty view is neutral to negative in short term with range of 48500-50500. Bank nifty fut closed negative -1.24% with open interest at 31.40 lakhs & short build up with addition in OI at +15.15%. Sectors to watch today- Positive/neutral- IT , Pharma, Telecom, fmcg, Defence sectors. Negative/neutral - Banking, Fmcg, Financials, Reality, Consumption, Energy,Midcaps, Smallcap. Stocks to watchout today- POSITIVE- Bhartiairtel, Divislab, Grasim, Bataindia, Policybazaar, HUL, Jubfood, Lupin NEGATIVE- Bse, Apollo hospital, Bsoft, Acc, Voltas, NBCC, COFORGE. Good morning!!! Have a Good trading day!!! 👍