Market outlook for 05/01/2015

Nifty closed up 111.45 points (1.35%) at 8395.45 while Future closed at 8458.40, premium of 62.95 points.
Bank Nifty closed up 307.35 points (1.64%) at 19057.80 while Future closed at 19217.70, premium of 159.90 points.

• FII bought in Cash (Net buy 259.82 Crore)
• FII bought in index future, stock future and in index option (Net buy 772.42 Crore)
• DII bought in Cash (Net buy 69.78 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 1051:488.
• McClellan's oscillator for NSE at +59.

NIFTY TECHNICAL

Current Spot: 8395.45
Pivot: 8365
5DEMA: 8306
10DEMA: 8279
20DEMA: 8284
50DEMA: 8249
RSI (14 days): 57.90
Parabolic SAR: 8070
Supports: 8319 - 8243 - 8197
Resistance: 8441 - 8487 - 8563

Nifty Future VWAP: 8433.78
Nifty Future VIX Range: 8395 - 8541
MP Values Nifty Future: VAH - 8470, POC - 8437, VAL - 8400

BANKNIFTY TECHNICAL

Current Spot: 19057.80
Pivot: 18976
5DEMA: 18796
10DEMA: 18667
20DEMA: 18492
50DEMA: 17853
RSI (14 days): 68.70
Parabolic SAR: 18067
Supports: 18834 - 18610 - 18467
Resistance: 19200 - 19343 - 19567

Bank Nifty Future VWAP: 19161.97
Bank Nifty Future VIX Range: 19019 - 19471
MP Values Bank Nifty Future: VAH - 19268, POC - 19168, VAL - 19068

Thanks and Regards

MarketPulse S&P