Market outlook for 02/01/2015

Nifty closed up 1.30 points (0.02%) at 8284.00 while Future closed at 8343.80, premium of 59.80 points.
Bank Nifty closed up 13.80 points (0.07%) at 18750.45 while Future closed at 18904.20, premium of 153.75 points.

• FII bought in Cash (Net buy 18.20 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 478.55 Crore)
• DII bought in Cash (Net buy 19.56 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 1022:497.
• McClellan's oscillator for NSE at +44.

NIFTY TECHNICAL

Current Spot: 8284.00
Pivot: 8276
5DEMA: 8261
10DEMA: 8253
20DEMA: 8273
50DEMA: 8252
RSI (14 days): 50.32
Parabolic SAR: 8055
Supports: 8257 - 8230 - 8211
Resistance: 8303 - 8322 - 8349

Nifty Future VWAP: 8336.57
Nifty Future VIX Range: 8279 - 8415
MP Values Nifty Future: VAH - 8339, POC - 8317, VAL - 8296

BANKNIFTY TECHNICAL

Current Spot: 18750.45
Pivot: 18724
5DEMA: 18665
10DEMA: 18581
20DEMA: 18433
50DEMA: 17817
RSI (14 days): 63.06
Parabolic SAR: 18000
Supports: 18666 - 18581 - 18523
Resistance: 18808 - 18866 - 18951

Bank Nifty Future VWAP: 18864.91
Bank Nifty Future VIX Range: 18700 - 19130
MP Values Bank Nifty Future: VAH - 18900, POC - 18854, VAL - 18808

Thanks and Regards

MarketPulse S&P