Market outlook for 08/01/2015

Nifty closed down 25.25 points (0.31%) at 8102.10 while Future closed at 8141.85, premium of 39.75 points.
Bank Nifty closed down 126.50 points (0.69%) at 18304.25 while Future closed at 18405.60, premium of 101.35 points.

• FII sold in Cash (Net sell 1073.18 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 2.82 Crore)
• DII bought in Cash (Net buy 601.40 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 646:892.
• McClellan's oscillator for NSE at +05.

NIFTY TECHNICAL

Current Spot: 8102.10
Pivot: 8106
5DEMA: 8209
10DEMA: 8236
20DEMA: 8261
50DEMA: 8243
RSI (14 days): 39.89
Parabolic SAR: 8446
Supports: 8061 - 8021 - 7976
Resistance: 8147 - 8192 - 8233

Nifty Future VWAP: 8145.99
Nifty Future VIX Range: 8065 - 8243
MP Values Nifty Future: VAH - 8164, POC - 8144, VAL - 8124

BANKNIFTY TECHNICAL

Current Spot: 18304.25
Pivot: 18333
5DEMA: 18584
10DEMA: 18609
20DEMA: 18510
50DEMA: 17935
RSI (14 days): 48.29
Parabolic SAR: 19186
Supports: 18183 - 18062 - 17913
Resistance: 18454 - 18603 - 18724

Bank Nifty Future VWAP: 18437.39
Bank Nifty Future VIX Range: 18226 - 18722
MP Values Bank Nifty Future: VAH - 18490, POC - 18429, VAL - 18368

Thanks and Regards

MarketPulse S&P