*19th Feb 2025 Markets outlook for the day* #usmarkets - Yesterday- US markets closed muted after S&P 500 hits record highs. US futures flat as investors as trump imposes 25% tariffs on pharma, Auto and chips. Global markets sentiment neutral. Most Asian markets trade negative to muted 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 muted at 15.67 from 15.72 as Indian markets saw volatile session yesterday. Global currency and Bonds- US Dollar index muted to 106.90 from 106.80 as peace talks are initiated and trump tarrifs of 25% imposed on chips, pharma & Auto. US 10 yr Bond yields rebound at 4.55 from 4.50 on tarrifs. Global Commodities - Comex Gold rebounds to $2955 from $2917 as bullion demand persists Comex Silver trade rise at $33.30 from $32.90 on muted dollar. Comex copper trades muted at $4.57 from 4.59 on profit booking. Brent Crudeoil trade positive at $75.90 from 75.30 amid supply disruptions and peace talks for Ukrine Russia peace deal might ease supply of oil. Natural Gas prices rise at 3.57 from 3.57 on chilly conditions. Indian markets Derivatives data - Fii's were net buyers of  +4786Cr in cash markets in previous trading session while Dii's were net buyers too of +3072Cr in cash market. Feb series Fii's are negative in index fut & reduced shorts in index fut to -175k contracts from -185k shorts in index fut and added net longs in stock fut. Pro traders are net buyers in index fut of +7k and net longs stock futures. Dii's were net longs in index fut of +11k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +174k from +169k 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 0.83 from 0.87 and Bank nifty PCR at 0.71 from 0.75 Sensex PCR at 0.83 from 0.88 Indices performance - Yesterday trading session saw volatile session in broader markets with wild swings and pull back from lows to close muted. Indian markets volatile session across sectors with negative Market breadth and IT, Energy, Reality, Infra, Metals saw buying while Pharma, banking, Auto, Fmcg, smallcap & midcap sectors saw selling pressure. Market View & news - Trump tariffs of 25% on Metals, Auto, Chips & pharma. Technical view : Yesterday session opened flat but saw sharp sell off in 1st half of session and recovery of indices from lows, supportive moves from 22780/800 zones to close muted at 22945 with negative Market breadth of 1:3 Adv:Dec Ratio. Nifty trading below 5EMA 23020 & below 10 EMA 23101 and below 20EMA 23230 & below 50 EMA 23505 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 23125/23105 Nifty trading below 200EMA 23560 and below 200 SMA 24050 & below 100 EMA 23750 zone. Today Nifty minor support seen at 22861/22875 while major support seen at 22809/22785 While minor resistance seen at 22985/22996 zone while major resistance seen at 23045/23065 zone. Daily CPR at 22886 Weekly CPR at 23090 Monthly CPR at 23507 Nifty structure is neutral to negative in short term. Nifty fut closed flat -0.34%. Nifty fut OI at 1.72Cr with short covering & reduction in OI by -2.10%., Major support 22810/720 for all long trades. Yesterday session #banknifty opened flat saw selling pressure to sideways movement to close negative at 49087. Major support seen at 48560/48510 zone and major resistance at 49640/49560 zone. Banknifty trades below 5 EMA of 49310 and below 10 EMA 49362 and trading below 20 EMA 49496 & above 20 SMA 49360 and below 50EMA 49960 and trading below 100EMA 50450 & Bank nifty trading just around 200EMA 50140/ below 50905 200 SMA. For today Bank nifty minor support seen at 48820/48850 zone while major support seen at 48530/48486 zone and minor resistance seen at 49340/49370 zone while major resistance seen at 49510/49480 zone Daily CPR at 49040 Weekly CPR at 49325 Monthly CPR at 49700 Bank nifty view is neutral in short term with range of 48500-50500. Bank nifty fut closed negative -0.58% with open interest at 31.40 lakhs & long unwinding with addition in OI at +1.37%. Sectors to watch today- Positive/neutral- IT, Banking, Metals, Financials, Reality, Defence sectors, Midcaps, Smallcap. Negative/neutral - Pharma, Auto, Media, Fmcg, Consumption. Stocks to watchout today- POSITIVE- Mothersom sumi, Ashokleyland, Persistent systems, Sonacoms, Naukri, Persistent systems, Cholafin, Techmah, Jubfood, Poonawala, Indhotel. ITC, SUNPHARMA, Lauruslabs, Kalyanjewl, Aubank, Adanient, Adanienergysol, L&T Fin. Good morning!!! Have a Good trading day!!! 👍