Market outlook for 26/12/2014

Nifty closed down 92.90 points (1.12%) at 8174.10 while Future closed at 8277.30, premium of 103.20 points.
Bank Nifty closed down 68.40 points (0.37%) at 18535.35 while Future closed at 18763.25, premium of 227.90 points.

• FII sold huge in Cash (Net sell 2808.27 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1858.14 Crore)
• DII bought in Cash (Net buy 509.09 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 715:784.
• McClellan's oscillator for NSE at -19.

NIFTY TECHNICAL

Current Spot: 8174.10
Pivot: 8205
5DEMA: 8218
10DEMA: 8239
20DEMA: 8284
50DEMA: 8257
RSI (14 days): 42.62
Parabolic SAR: 7985
Supports: 8124 - 8074 - 7993
Resistance: 8255 - 8336 - 8386

Nifty Future VWAP: 8308.52
Nifty Future VIX Range: 8201 - 8349
MP Values Nifty Future: VAH - 8342, POC - 8315, VAL - 8288

BANKNIFTY TECHNICAL

Current Spot: 18535.35
Pivot: 18579
5DEMA: 18504
10DEMA: 18430
20DEMA: 18290
50DEMA: 17677
RSI (14 days): 58.45
Parabolic SAR: 17665
Supports: 18449 - 18363 - 18234
Resistance: 18665 - 18795 - 18881

Bank Nifty Future VWAP: 18790.11
Bank Nifty Future VIX Range: 18558 - 19036
MP Values Bank Nifty Future: VAH - 18862, POC - 18810, VAL - 18758

Thanks and Regards

MarketPulse S&P