
Yieldcapitals Financial Services
February 25, 2025 at 03:31 AM
*25th Feb 2025 Markets outlook for the day*
#usmarkets - Yesterday -
US markets closed muted led by fall in tech stocks ahead of Nvidia earnings.
US futures steady after wall street closed muted.
Global markets sentiment neutral.
Most Asian markets trade muted to negative in early morning trades
Indian markets sentiment neutral in short term.
Nifty at 18PE for 2026 Estimates and at 19PE of FY 25E
Fundamental Longterm view neutral for Indian markets.
Gift Nifty indicate muted opening
India VIX lower at 14.44 from 14.53 as Indian markets saw volatile session to close lower.
Global currency and Bonds-
US Dollar index rebounds at 106.45 from 106.05 on trump tarrif statements.
US 10 yr Bond yields lower at 4.37 from 4.45 on jittery economic data.
Global Commodities -
Comex Gold prices rise to all time highs trades at $2966 from $2955
Comex Silver trade muted at $32.78 from $33.15 on subdued trades.
Comex copper trades muted at $4.54 from 4.62 on choppy trades.
Brent Crudeoil rebounds to $74.70 from 74.00 as fresh US sanctions on Iran spark supply fears.
Natural Gas prices lower at 3.96 from 3.98 on over supply.
Indian markets Derivatives data -
Fii's were net sellers of -6286Cr in cash markets in previous trading session while Dii's were net buyers too of +5186Cr in cash market.
Feb series Fii's are negative in index fut & added shorts in index fut to -200k contracts from -192k 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 +178k from +174k contracts longs and net longs in stock futures.
Options data -
Feb Nifty Monthly expiry has highest put writing at 22400/22500 strike and 23000/22800 strikes has highest call writers.
Nifty March Weekly expiry has highest put writing at 22300/22400
& 22700/22800 strikes has highest call writers.
Bank nifty Feb Monthly expirye saw major call writing at 50000/49500 strike and major put writing seen until 47500/48000 strike.
Sensex Feb Monthly expiry saw major call writing at 76000/76500 strikes and Major put writing seen at 74500/74000
PCR Ratio of Nifty PCR at 0.71 from 0.81 and Bank nifty PCR at 0.76 from 0.68
Sensex PCR at 0.61 from
0.71
Indices performance -
Yesterday trading session saw weak session in broader markets with selling pressure across sectors and weak close for indices.
Indian markets volatile session across sectors with negative Market breadth; psubank, Finanicals, midcaps, smallcaps, Energy, Reality, Infra, banking, IT, metals saw selling pressure while
Fmcg, pharma and Auto sectors saw buying interest.
Market View & news -
Sensex Monthly expiry today can see volatility in markets
Trump tarrifs statements are moving global markets and USD.
Technical view :
Yesterday session opened lower and continued to trade weaker throughout the day to close lower at 22533 with negative Market breadth of 1:3 Adv:Dec Ratio.
Nifty trading below 5EMA 22780 & below 10 EMA 22930 and below 20EMA 23060 & below 50 EMA 23380
Nifty range shifted to 22400-23000 zone for next few sessions ahead,
Nifty major trend is neutral to negative
Today's Nifty big support is at 22450/22410 zone & big resistance at 22980/22955
Nifty trading below 200EMA 23520 and below 200 SMA 24060 & below 100 EMA 23680 zone. Today Nifty minor support seen at 22481/22515 while major support seen at 22380/22413 While minor resistance seen at 22591/22615 zone while major resistance seen at 22685/22656 zone.
Daily CPR at 22812
Weekly CPR at 22855
Monthly CPR at 23507
Nifty structure is negative in short term.
Nifty fut closed negative -0.98%.
Nifty fut OI at 1.54Cr with long unwinding & reduction in OI by -8.25%.
Yesterday session #banknifty opened lower and saw buying from lower levels to close negative at 48651.
Major support seen at 48280/48310 zone and major resistance at 49040/49070 zone.
Banknifty trades at 5 EMA of 49030 and below 10 EMA 49220 and trading below 20 EMA 49340 & below 20 SMA 49460 and below 50EMA 49810 and trading below 100EMA 50360 &
Bank nifty trading just around 200EMA 50101/ below 50935 200 SMA.
For today Bank nifty minor support seen at 48530/48510 zone while major support seen at 48230/48276 zone and minor resistance seen at 48890/48840 zone while major resistance seen at 49060/49010 zone
Daily CPR at 49010
Weekly CPR at 49040
Monthly CPR at 49700
Bank nifty view is neutral to negative in short term with range of 48000-50000.
Bank nifty fut closed negative -0.50% with open interest at 27.70 lakhs & long unwinding with reduction in OI at -14.31%.
Sectors to watch today-
Positive/neutral-
Fmcg, Metals, Financials, Reality, Defence sectors, Midcaps, Smallcap, Auto.
Negative/neutral -
Pharma, Media, Consumption, Banking, IT.
Stocks to watchout today-
POSITIVE-
United spirits, UBL, VBL, Granules, Lauruslabs, Godrejprop, Coromandel, Coforge, ABB, Sbin, Manappuram, M&M, Kotakbank, Axisbank.
NEGATIVE-
Wipro, Ltts, Sail, Indhotel, Hcltech, Zomato, Rec, Hudco.
Good morning!!!
Have a Good trading day!!! 👍