Market outlook for 05/12/2014

Nifty closed up 26.75 points (0.31%) at 8564.40 while Future closed at 8605.75, premium of 41.35 points.
Bank Nifty closed up 137.00 points (0.73%) at 18782.85 while Future closed at 18845.80, premium of 62.95 points.

• FII bought in Cash (Net buy 474.00 Crore)
• FII sold in index future but bought in index option, stock future (Net sell 311.64 Crore)
• DII sold in Cash (Net sell 585.98 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 802:718.
• McClellan's oscillator for NSE at +08.

NIFTY TECHNICAL

Current Spot: 8564.40
Pivot: 8573
5DEMA: 8542
10DEMA: 8511
20DEMA: 8434
50DEMA: 8277
RSI (14 days): 67.92
Parabolic SAR: 8472
Supports: 8518 - 8472 - 8418
Resistance: 8619 - 8673 - 8719

Nifty Future VWAP: 8593.05
Nifty Future VIX Range: 8546 - 8665
MP Values Nifty Future: VAH - 8622, POC - 8601, VAL - 8580

BANKNIFTY TECHNICAL

Current Spot: 18782.85
Pivot: 18717
5DEMA: 18571
10DEMA: 18342
20DEMA: 17943
50DEMA: 17191
RSI (14 days): 78.69
Parabolic SAR: 18389
Supports: 18641 - 18499 - 18423
Resistance: 18859 - 18935 - 19077

Bank Nifty Future VWAP: 18735.59
Bank Nifty Future VIX Range: 18608 - 19072
MP Values Bank Nifty Future: VAH - 18810, POC - 18738, VAL - 18666

Thanks and Regards

MarketPulse S&P