*18th Feb 2025 Markets outlook for the day* #usmarkets - Yesterday- US markets closed US futures flat as investors focus on trump tarrifs. Global markets sentiment neutral. Most Asian markets trade positive bais in early morning hours. Indian markets sentiment neutral trading. Nifty at 17PE for 2026 Estimates. Fundamental Longterm view neutral for Indian markets. Gift Nifty indicate muted opening. India VIX rise at 15.72 from 15.02 as Indian markets saw volatile session yesterday. Global currency and Bonds- US Dollar index muted to 106.78 from 106.50 as peace talks are initiated. US 10 yr Bond yields falls at 4.50 from 4.49 on softer tarrifs. Global Commodities - Comex Gold muted to $2917 from $2910 on subdued trades Comex Silver trade muted at $32.90 from $32.80 Comex copper trades lower at $4.59 from 4.66 on profit booking. Brent Crudeoil trade muted at $75.270 from 74.70 on peace talks for Ukrine Russia peace deal might ease supply of oil. Natural Gas prices muted at 3.57 from 3.62 Indian markets Derivatives data - Fii's were net sellers of  -3937Cr in cash markets in previous trading session while Dii's were net buyers of +4760Cr in cash market. Feb series Fii's are negative in index fut & reduced shorts in index fut to -185k contracts from -190k 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 +8k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +169k from +173k 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 22900/22800 & 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 0.87 from 0.77 and Bank nifty PCR at 0.75 from 0.79 Sensex PCR at 0.88 from 0.71 Indices performance - Yesterday trading session saw volatile session in broader markets with wild swings and last hour pull back from lows to close positive. Indian markets volatile session across sectors with negative Market breadth, Banking, midcap, Smallcap, pharma, Fmcg saw buying while IT, Auto, Energy, fmcg, Consumption sectors saw selling pressure. Market View & news - Russia Ukrine peace talks cools off Commodities prices. Technical view : Yesterday session opened positive but saw sharp sell off in 1st half of session and sharp recovery indices in 2nd half as markets saw very volatile and wild swings supportive moves from 22750/700 zones to close at 22959 with negative Market breadth of 1:3 Adv:Dec Ratio. Nifty trading below 5EMA 23070 & below 10 EMA 23140 and below 20EMA 23260 & below 50 EMA 23540 Nifty range shifted to 22700-23800 zone for next few sessions ahead, Nifty major trend is neutral. Today's Nifty big support is at 22750/22700 zone & big resistance at 23165/23255 Nifty trading below 200EMA 23560 and below 200 SMA 24050 & below 100 EMA 23770 zone. Today Nifty minor support seen at 22861/22875 while major support seen at 22779/22725 While minor resistance seen at 23015/23035 zone while major resistance seen at 23165/23135 zone. Daily CPR at 22950 Weekly CPR at 23090 Monthly CPR at 23507 Nifty structure is neutral to negative in short term. Nifty fut closed flat +0.10%. Nifty fut OI at 1.76Cr with short covering & reduction in OI by -0.71%., Major support 22750/720 for all long trades. Yesterday session #banknifty opened flat saw selling pressure initially and supports from lower levels to recover from lows to close positive at 49259. Major support seen atx 48560/48510 zone and major resistance at 49640/49560 zone. Banknifty trades below 5 EMA of 49420 and below 10 EMA 49450 and trading below 20 EMA 49540 & above 20 SMA 49350 and below 50EMA 50010 and trading below 100EMA 50501 & Bank nifty trading just around 200EMA 50160/ below 50905 200 SMA. For today Bank nifty minor support seen at 49020/48975 zone while major support seen at 48830/48786 zone and minor resistance seen at 49340/49370 zone while major resistance seen at 49610/49540 zone Daily CPR at 49140 Weekly CPR at 49320 Monthly CPR at 49700 Bank nifty view is neutral in short term with range of 48500-50500. Bank nifty fut closed positive +0.38% with open interest at 30.80 lakhs & short covering with reduction in OI at -3.15%. Sectors to watch today- Positive/neutral- Banking, Metals, Financials, Reality, Defence sectors, Midcaps, Smallcap. Negative/neutral - IT, Auto, Media, Fmcg, Consumption. Stocks to watchout today- POSITIVE- Hdfcbank, Techmah, Ashokleyland, Bhartiairtel, Bajajfinserv, Bajajfinance, Astral, Cgpower, Kalyanjewl, Auropharma, ABB, Siemens . NEGATIVE- M&M, Policybazaar, VBL, LTTS, Coromandel, Bsoft, Naukri. Good morning!!! Have a Good trading day!!! 👍