Market outlook for 15/12/2014

Nifty closed down 68.80 points (0.78%) at 8224.10 while Future closed at 8276.90, premium of 52.80 points.
Bank Nifty closed down 105.25 points (0.57%) at 18299.75 while Future closed at 18413.85, premium of 114.10 points.

• FII sold in Cash (Net sell 864.96 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 554.99 Crore)
• DII bought in Cash (Net buy 323.41 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 357:1173.
• McClellan's oscillator for NSE at -55.

NIFTY TECHNICAL

Current Spot: 8224.10
Pivot: 8254
5DEMA: 8326
10DEMA: 8387
20DEMA: 8395
50DEMA: 8295
RSI (14 days): 37.70
Parabolic SAR: 8559
Supports: 8186 - 8149 - 8081
Resistance: 8292 - 8360 - 8398

Nifty Future VWAP: 8312.77
Nifty Future VIX Range: 8217 - 8337
MP Values Nifty Future: VAH - 8336, POC - 8287, VAL - 8267

BANKNIFTY TECHNICAL

Current Spot: 18299.75
Pivot: 18346
5DEMA: 18404
10DEMA: 18395
20DEMA: 18166
50DEMA: 17478
RSI (14 days): 58.48
Parabolic SAR: 18808
Supports: 18190 - 18081 - 17925
Resistance: 18455 - 18611 - 18721

Bank Nifty Future VWAP: 18481.60
Bank Nifty Future VIX Range: 18203 - 18619
MP Values Bank Nifty Future: VAH - 18558, POC - 18482, VAL - 18406

Thanks and Regards

MarketPulse S&P