Market outlook for 04/12/2014

Nifty closed up 12.95 points (0.15%) at 8537.65 while Future closed at 8578.75, premium of 41.10 points.
Bank Nifty closed up 90.00 points (0.49%) at 18645.85 while Future closed at 18733.45, premium of 87.60 points.

• FII bought in Cash (Net buy 391.07 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 426.65 Crore)
• DII sold in Cash (Net sell 157.23 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 1115:422.
• McClellan's oscillator for NSE at +05.

NIFTY TECHNICAL

Current Spot: 8537.65
Pivot: 8531
5DEMA: 8530
10DEMA: 8500
20DEMA: 8420
50DEMA: 8267
RSI (14 days): 66.25
Parabolic SAR: 8455
Supports: 8515 - 8492 - 8476
Resistance: 8554 - 8570 - 8592

Nifty Future VWAP: 8569.54
Nifty Future VIX Range: 8512 - 8642
MP Values Nifty Future: VAH - 8583, POC - 8571, VAL - 8559

BANKNIFTY TECHNICAL

Current Spot: 18645.85
Pivot: 18629
5DEMA: 18465
10DEMA: 18245
20DEMA: 17855
50DEMA: 17133
RSI (14 days): 77.10
Parabolic SAR: 18287
Supports: 18535 - 18424 - 18329
Resistance: 18740 - 18835 - 18946

Bank Nifty Future VWAP: 18741.22
Bank Nifty Future VIX Range: 18496 - 18968
MP Values Bank Nifty Future: VAH - 18805, POC - 18749, VAL - 18693

Thanks and Regards

MarketPulse S&P