Market outlook for 22/12/2014

Nifty closed up 65.90 points (0.81%) at 8225.20 while Future closed at 8239.85, premium of 14.65 points.
Bank Nifty closed up 152.30 points (0.83%) at 18478.90 while Future closed at 18505.95, premium of 27.05 points.

• FII sold in Cash (Net sell 668.85 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 2280.30 Crore)
• DII bought in Cash (Net buy 622.77 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 815:709.
• McClellan's oscillator for NSE at -26.

NIFTY TECHNICAL

Current Spot: 8225.20
Pivot: 8232
5DEMA: 8179
10DEMA: 8235
20DEMA: 8296
50DEMA: 8272
RSI (14 days): 44.44
Parabolic SAR: 8265
Supports: 8201 - 8178 - 8147
Resistance: 8256 - 8287 - 8311

Nifty Future VWAP: 8253.90
Nifty Future VIX Range: 8162 - 8304
MP Values Nifty Future: VAH - 8274, POC - 8261, VAL - 8248

BANKNIFTY TECHNICAL

Current Spot: 18478.90
Pivot: 18485
5DEMA: 18273
10DEMA: 18278
20DEMA: 18176
50DEMA: 17603
RSI (14 days): 59.16
Parabolic SAR: 17502
Supports: 18407 - 18336 - 18257
Resistance: 18557 - 18635 - 18707

Bank Nifty Future VWAP: 18478.90
Bank Nifty Future VIX Range: 18268 - 18763
MP Values Bank Nifty Future: VAH - 18559, POC - 18524, VAL - 18489

Thanks and Regards

MarketPulse S&P