Market outlook for 01/01/2015

Nifty closed up 34.45 points (0.42%) at 8282.70 while Future closed at 8337.85, premium of 55.15 points.
Bank Nifty closed up 89.10 points (0.48%) at 18736.65 while Future closed at 18903.50, premium of 166.85 points.

• FII bought in Cash (Net buy 481.08 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 622.53 Crore)
• DII sold in Cash (Net sell 30.55 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 1004:503.
• McClellan's oscillator for NSE at +28.

NIFTY TECHNICAL

Current Spot: 8282.70
Pivot: 8272
5DEMA: 8249
10DEMA: 8246
20DEMA: 8272
50DEMA: 8250
RSI (14 days): 50.23
Parabolic SAR: 8042
Supports: 8254 - 8225 - 8207
Resistance: 8301 - 8320 - 8348

Nifty Future VWAP: 8336.57
Nifty Future VIX Range: 8262 - 8402
MP Values Nifty Future: VAH - 8346, POC - 8336, VAL - 8326

BANKNIFTY TECHNICAL

Current Spot: 18736.65
Pivot: 18723
5DEMA: 18622
10DEMA: 18543
20DEMA: 18400
50DEMA: 17779
RSI (14 days): 62.79
Parabolic SAR: 17941
Supports: 18673 - 18609 - 18558
Resistance: 18787 - 18838 - 18902

Bank Nifty Future VWAP: 18891.04
Bank Nifty Future VIX Range: 18671 - 19115
MP Values Bank Nifty Future: VAH - 18918, POC - 18884, VAL - 18850

Thanks and Regards

MarketPulse S&P