Market outlook for 31/12/2014

Nifty closed up 1.95 points (0.02%) at 8248.25 while Future closed at 8317.95, premium of 69.70 points.
Bank Nifty closed up 119.20 points (0.64%) at 18647.55 while Future closed at 18820.30, premium of 172.75 points.

• FII bought in Cash (Net buy 277.92 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1579.83 Crore)
• DII bought in Cash (Net buy 160.87 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 775:738.
• McClellan's oscillator for NSE at +9.

NIFTY TECHNICAL

Current Spot: 8248.25
Pivot: 8246
5DEMA: 8232
10DEMA: 8237
20DEMA: 8271
50DEMA: 8251
RSI (14 days): 47.75br> Parabolic SAR: 8029
Supports: 8223 - 8198 - 8175
Resistance: 8271 - 8293 - 8319

Nifty Future VWAP: 8306.25
Nifty Future VIX Range: 8253 - 8398
MP Values Nifty Future: VAH - 8317, POC - 8304, VAL - 8291

BANKNIFTY TECHNICAL

Current Spot: 18647.55
Pivot: 18583
5DEMA: 18565
10DEMA: 18500
20DEMA: 18365
50DEMA: 17748
RSI (14 days): 60.96
Parabolic SAR: 17878
Supports: 18493 - 18339 - 18249
Resistance: 18737 - 18826 - 18981

Bank Nifty Future VWAP: 18718.26
Bank Nifty Future VIX Range: 18612 - 19067
MP Values Bank Nifty Future: VAH - 18843, POC - 18776, VAL - 18671

Thanks and Regards

MarketPulse S&P