Market outlook for 11/12/2014

Nifty closed up 14.95 points (0.18%) at 8355.65 while Future closed at 8406.80, premium of 51.15 points.
Bank Nifty closed up 172.30 points (0.94%) at 18462.95 while Future closed at 18606.90, premium of 143.95 points.

• FII bought in Cash (Net buy 5.39 Crore)
• FII sold in index future, index option and in stock future (Net sell 1915.49 Crore)
• DII sold in Cash (Net sell 519.05 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8400 and 8300.
• Advance Decline for the day was 963:559.
• McClellan's oscillator for NSE at -22.

NIFTY TECHNICAL

Current Spot: 8355.65
Pivot: 8350
5DEMA: 8419
10DEMA: 8451
20DEMA: 8426
50DEMA: 8297
RSI (14 days): 46.76
Parabolic SAR: 8609
Supports: 8323 - 8290 - 8263
Resistance: 8383 - 8410 - 8442

Nifty Future VWAP: 8399.21
Nifty Future VIX Range: 8348 - 8468
MP Values Nifty Future: VAH - 8421, POC - 8387, VAL - 8387

BANKNIFTY TECHNICAL

Current Spot: 18462.95
Pivot: 18393
5DEMA: 18482
10DEMA: 18418
20DEMA: 18125
50DEMA: 17395
RSI (14 days): 63.83
Parabolic SAR: 18862
Supports: 18253 - 18043 - 17903
Resistance: 18603 - 18743 - 18953

Bank Nifty Future VWAP: 18538.88
Bank Nifty Future VIX Range: 18394 - 18836
MP Values Bank Nifty Future: VAH - 18650, POC - 18572, VAL - 18485

Thanks and Regards

MarketPulse S&P