Market outlook for 18/12/2014

Nifty closed down 37.80 points (0.47%) at 8029.80 while Future closed at 8060.85, premium of 31.05 points.
Bank Nifty closed up 35.20 points (0.20%) at 17865.75 while Future closed at 17951.45, premium of 85.70 points.

• FII sold huge in Cash (Net sell 1636.36 Crore)
• FII sold in index future but bought in index option, stock future (Net sell 460.09 Crore)
• DII bought in Cash (Net buy 1423.83 Crore)
• Most Active Nifty Call Option: 8100 and 8200.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 523:1019.
• McClellan's oscillator for NSE at -90.

NIFTY TECHNICAL

Current Spot: 8029.80
Pivot: 8024
5DEMA: 8154
10DEMA: 8254
20DEMA: 8318
50DEMA: 8262
RSI (14 days): 28.20
Parabolic SAR: 8392
Supports: 7967 - 7904 - 7846
Resistance: 8087 - 8145 - 8208

Nifty Future VWAP: 8067.04
Nifty Future VIX Range: 7989 - 8119
MP Values Nifty Future: VAH - 8096, POC - 8071, VAL - 8046

BANKNIFTY TECHNICAL

Current Spot: 17865.75
Pivot: 17807
5DEMA: 18093
10DEMA: 18212
20DEMA: 18123
50DEMA: 17501
RSI (14 days): 47.17
Parabolic SAR: 18624
Supports: 17562 - 17257 - 17012
Resistance: 18111 - 18356 - 18660

Bank Nifty Future VWAP: 17869.91
Bank Nifty Future VIX Range: 17746 - 18204
MP Values Bank Nifty Future: VAH - 18031, POC - 17869, VAL - 17707

Thanks and Regards

MarketPulse S&P