Market outlook for 14/01/2015

Nifty closed down 23.60 points (0.28%) at 8299.40 while Future closed at 8316.50, premium of 17.10 points.
Bank Nifty closed down 88.65 points (0.47%) at 18707.20 while Future closed at 18759.65, premium of 52.45 points.

• FII bought in Cash (Net buy 235.09 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1021.81 Crore)
• DII bought in Cash (Net buy 46.06 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 674:859.
• McClellan's oscillator for NSE at +25.

NIFTY TECHNICAL

Current Spot: 8299.40
Pivot: 8308
5DEMA: 8278
10DEMA: 8266
20DEMA: 8270
50DEMA: 8252
RSI (14 days): 51.82
Parabolic SAR: 8416
Supports: 8259 - 8219 - 8171
Resistance: 8348 - 8397 - 8437

Nifty Future VWAP: 8338.44
Nifty Future VIX Range: 8243 - 8417
MP Values Nifty Future: VAH - 8365, POC - 8331, VAL - 8297

BANKNIFTY TECHNICAL

Current Spot: 18707.20
Pivot: 18757
5DEMA: 18692
10DEMA: 18667
20DEMA: 18578
50DEMA: 18088
RSI (14 days): 55.48
Parabolic SAR: 19092
Supports: 18593 - 18479 - 18315
Resistance: 18871 - 19035 - 19149

Bank Nifty Future VWAP: 18707.20
Bank Nifty Future VIX Range: 18532 - 19020
MP Values Bank Nifty Future: VAH - 18995, POC - 18886, VAL - 18773

Thanks and Regards

MarketPulse S&P