Market outlook for 15/01/2015

Nifty closed down 21.85 points (0.26%) at 8277.55 while Future closed at 8307.35, premium of 29.80 points.
Bank Nifty closed down 103.40 points (0.55%) at 18603.80 while Future closed at 18690.60, premium of 86.80 points.

• FII sold in Cash (Net sell 69.74 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 251.76 Crore)
• DII sold in Cash (Net sell 223.98 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 597:938.
• McClellan's oscillator for NSE at +12.

NIFTY TECHNICAL

Current Spot: 8277.55
Pivot: 8280
5DEMA: 8278
10DEMA: 8268
20DEMA: 8271
50DEMA: 8251
RSI (14 days): 50.54
Parabolic SAR: 8409
Supports: 8234 - 8190 - 8144
Resistance: 8324 - 8370 - 8414

Nifty Future VWAP: 8297.72
Nifty Future VIX Range: 8235 - 8404
MP Values Nifty Future: VAH - 8324, POC - 8298, VAL - 8272

BANKNIFTY TECHNICAL

Current Spot: 18603.80
Pivot: 18630
5DEMA: 18662
10DEMA: 18656
20DEMA: 18580
50DEMA: 18114
RSI (14 days): 53.02
Parabolic SAR: 19074
Supports: 18491 - 18379 - 18240
Resistance: 18743 - 18882 - 18995

Bank Nifty Future VWAP: 18691.15
Bank Nifty Future VIX Range: 18481 - 18954
MP Values Bank Nifty Future: VAH - 18782, POC - 18705, VAL - 18628

Thanks and Regards

MarketPulse S&P