Market outlook for 12/12/2014

Nifty closed down 62.75 points (0.75%) at 8292.90 while Future closed at 8342.10, premium of 49.20 points.
Bank Nifty closed down 57.95 points (0.31%) at 18405.00 while Future closed at 18505.40, premium of 100.40 points.

• FII sold in Cash (Net sell 808.27 Crore)
• FII sold in index future, index option and in stock future (Net sell 1335.32 Crore)
• DII bought in Cash (Net buy 431.93 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 493:1029.
• McClellan's oscillator for NSE at -35.

NIFTY TECHNICAL

Current Spot: 8292.90
Pivot: 8305
5DEMA: 8377
10DEMA: 8423
20DEMA: 8413
50DEMA: 8296
RSI (14 days): 42.15
Parabolic SAR: 8589
Supports: 8261 - 8229 - 8185
Resistance: 8337 - 8380 - 8413

Nifty Future VWAP: 8348.49
Nifty Future VIX Range: 8287 - 8407
MP Values Nifty Future: VAH - 8363, POC - 8343, VAL - 8323

BANKNIFTY TECHNICAL

Current Spot: 18405.00
Pivot: 18384
5DEMA: 18456
10DEMA: 18416
20DEMA: 18151
50DEMA: 17439
RSI (14 days): 61.88
Parabolic SAR: 18834
Supports: 18239 - 18073 - 17928
Resistance: 18550 - 18696 - 18862

Bank Nifty Future VWAP: 18460.78
Bank Nifty Future VIX Range: 18288 - 18716
MP Values Bank Nifty Future: VAH - 18622, POC - 18520, VAL - 18418

Thanks and Regards

MarketPulse S&P