Market outlook for 29/12/2014

Nifty closed up 26.60 points (0.33%) at 8200.70 while Future closed at 8273.75, premium of 73.05 points.
Bank Nifty closed up 21.85 points (0.12%) at 18557.20 while Future closed at 18746.80, premium of 189.60 points.

• FII bought in Cash (Net buy 39.97 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 1014.43 Crore)
• DII bought in Cash (Net buy 417.29 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 775:746.
• McClellan's oscillator for NSE at -12.

NIFTY TECHNICAL

Current Spot: 8200.70
Pivot: 8194
5DEMA: 8212
10DEMA: 8232
20DEMA: 8276
50DEMA: 8252
RSI (14 days): 44.49
Parabolic SAR: 8000
Supports: 8154 - 8108 - 8068
Resistance: 8241 - 8281 - 8327

Nifty Future VWAP: 8253.59
Nifty Future VIX Range: 8193 - 8345
MP Values Nifty Future: VAH - 8273, POC - 8242, VAL - 8213

BANKNIFTY TECHNICAL

Current Spot: 18557.20
Pivot: 18563
5DEMA: 18522
10DEMA: 18453
20DEMA: 18315
50DEMA: 17700
RSI (14 days): 59.09
Parabolic SAR: 17740
Supports: 18443 - 18329 - 18210
Resistance: 18676 - 18796 - 18910

Bank Nifty Future VWAP: 18741.91
Bank Nifty Future VIX Range: 18506 - 18980
MP Values Bank Nifty Future: VAH - 18797, POC - 18730, VAL - 18663

Thanks and Regards

MarketPulse S&P