Market outlook for 30/06/11
Pivot: 5592
Nifty Future VWAP: 5594.41
MP Values Futures: VAH - 5602, POC - 5592, VAL - 5582
NF RANGE: 5583 - 5626
India VIX : 19.46 down by 0.03 points
Call OI : 40110550
Put OI : 65281700
PCR : 1.63
SMR : 11.96 (Bullish: Hedge your Longs)
NIFTY SPOT SAR: 5475

Market outlook for 29/06/11
Pivot: 5533
Nifty Future VWAP: 5530.32
MP Values Futures: VAH - 5550, POC - 5531, VAL - 5512
NF Range: 5490 - 5552
India VIX : 19.49 down by 0.50 points
Call OI : 41187250
Put OI : 64149850
PCR : 1.56
SMR : 12.51 (Bullish: Part Booking of Longs recommended)
NIFTY SPOT BANGSAR: 5445

Market outlook for 28/06/11
Pivot: 5505
Nifty Future VWAP: 5524.98
MP Values Futures: VAH - 5552, POC - 5529, VAL - 5506
NF range: 5480 - 5599
India VIX : 19.99 up by 0.67 points
Call OI : 42675000
Put OI : 64045150
PCR : 1.50
SMR : 13.32 (Bullish: Part Booking of Longs recommended)
NIFTY SPOT LONG ENTRY : 5374
NIFTY SPOT SAR: 5445
NIFTY WEEK HEMA: 5545
DAILY HEMA: 5449

Market outlook for 27/06/11
Pivot: 5431
Nifty Future VWAP: 5429.56
MP Values Futures: VAH - 5490, POC - 5475, VAL - 5393
NF range: 5407 - 5542

Market outlook for 24/06/11
Pivot: 5301
Nifty Future VWAP: 5306.12
MP Values Futures: VAH - 5330, POC - 5313, VAL - 5296
NF range: 5286 - 5365

Market outlook for 23/06/11
Pivot: 5284
Nifty Future VWAP: 5290.10
MP Values Futures: VAH - 5299, POC - 5288, VAL - 5277
NF range: 5246 - 5294

Market outlook for 22/06/11
Pivot: 5285
Nifty Future VWAP: 5293.12
MP Values Futures: VAH - 5327, POC - 5302, VAL - 5277
NF Range: 5234 - 5299

Market outlook for 21/06/11
Pivot: 5277
NF range: 5136 - 5318
Nifty Future VWAP: 5276.76
MP Values Futures: VAH - 5316, POC - 5267, VAL - 5218

Market outlook for 20/06/11
Nifty Future VWAP: 5383.81
MP Values Futures: VAH - 5409, POC - 5391, VAL - 5373
NF range: 5328 - 5394
Pivot Pt: 5381.

Nifty Future VWAP: 5478.47
MP Values Futures: VAH - 5511, POC - 5493, VAL - 5467
NF Range : 5460 - 5520

Nifty Future VWAP: 5485.32
MP Values Futures: VAH - 5492, POC - 5472, VAL - 5452
NF Range : 5440 - 5504

Nifty Future VWAP: 5518.57
MP Values Futures: VAH - 5530, POC - 5517, VAL - 5504
NF Range :5493 - 5531

IV or implied volatility is forming a right shoulder as shown on the attached chart.
The low point near of both the shoulders left and right are around the same range
so unless IV falls below it this pattern from here should indicate an expansion
in IV around the corner and the expansion should be significant ie doubling the IV
in the coming months ahead.

Nifty Future VWAP: 5534.19
MP Values Futures: VAH - 5543, POC - 5531, VAL - 5519
NF range: 5500 to 5542