Market outlook for 19/12/2014

Nifty closed up 129.50 points (1.61%) at 8159.30 while Future closed at 8180.80, premium of 21.50 points.
Bank Nifty closed up 460.85 points (2.58%) at 18326.60 while Future closed at 18389.55, premium of 62.95 points.

• FII sold in Cash (Net sell 874.89 Crore)
• FII bought in index future, index option, and in stock future (Net buy 1628.20 Crore)
• DII bought in Cash (Net buy 648.17 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 1323:216.
• McClellan's oscillator for NSE at -38.

NIFTY TECHNICAL

Current Spot: 8159.30
Pivot: 8140
5DEMA: 8156
10DEMA: 8237
20DEMA: 8304
50DEMA: 8271
RSI (14 days): 39.58
Parabolic SAR: 8323
Supports: 8105 - 8050 - 8015
Resistance: 8194 - 8229 - 8284

Nifty Future VWAP: 8154.79
Nifty Future VIX Range: 8108 - 8249
MP Values Nifty Future: VAH - 8171, POC - 8141, VAL - 8111

BANKNIFTY TECHNICAL

Current Spot: 18326.60
Pivot: 18264
5DEMA: 18171
10DEMA: 18233
20DEMA: 18144
50DEMA: 17564
RSI (14 days): 56.63
Parabolic SAR: 18512
Supports: 18172 - 18017 - 17925
Resistance: 18419 - 18511 - 18666

Bank Nifty Future VWAP: 18296.38
Bank Nifty Future VIX Range: 18168 - 18672
MP Values Bank Nifty Future: VAH - 18350, POC - 18280, VAL - 18210

Thanks and Regards

MarketPulse S&P