Market outlook for 09/01/2015

Nifty closed up 132.50 points (1.64%) at 8234.60 while Future closed at 8257.25, premium of 22.65 points.
Bank Nifty closed up 397.15 points (2.17%) at 18701.40 while Future closed at 18775.10, premium of 73.70 points.

• FII sold in Cash (Net sell 466.78 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 742.70 Crore)
• DII bought in Cash (Net buy 288.88 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 1249:298.
• McClellan's oscillator for NSE at +37.

NIFTY TECHNICAL

Current Spot: 8234.60
Pivot: 8215
5DEMA: 8217
10DEMA: 8236
20DEMA: 8258
50DEMA: 8242
RSI (14 days): 48.34
Parabolic SAR: 8438
Supports: 8187 - 8139 - 8111
Resistance: 8263 - 8291 - 8339

Nifty Future VWAP: 8233.39
Nifty Future VIX Range: 8163 - 8347
MP Values Nifty Future: VAH - 8251, POC - 8222, VAL - 8194

BANKNIFTY TECHNICAL

Current Spot: 18701.40
Pivot: 18647
5DEMA: 18623
10DEMA: 18626
20DEMA: 18529
50DEMA: 17979
RSI (14 days): 56.14
Parabolic SAR: 19147
Supports: 18541 - 18381 - 18275
Resistance: 18807 - 18912 - 19073

Bank Nifty Future VWAP: 18687.57
Bank Nifty Future VIX Range: 18518 - 19040
MP Values Bank Nifty Future: VAH - 18780, POC - 18699, VAL - 18618

Thanks and Regards

MarketPulse S&P