Market outlook for 20/01/2015

Nifty closed up 36.90 points (0.43%) at 8550.70 while Future closed at 8574.10, premium of 23.40 points.
Bank Nifty closed up 182.90 points (0.95%) at 19406.05 while Future closed at 19453.80, premium of 47.75 points.

• FII bought in Cash (Net buy 433.72 Crore)
• FII sold in index option but bought in index future, stock future (Net sell 510.10 Crore)
• DII sold in Cash (Net sell 237.71 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 929:597.
• McClellan's oscillator for NSE at +29.

NIFTY TECHNICAL

Current Spot: 8550.70
Pivot: 8551
5DEMA: 8453
10DEMA: 8384
20DEMA: 8336
50DEMA: 8283
RSI (14 days): 64.02
Parabolic SAR: 8095
Supports: 8531 - 8512 - 8492
Resistance: 8571 - 8591 - 8610
Nifty Future VWAP: 8570.14
Nifty Future VIX Range: 8485 - 8672
MP Values Nifty Future: VAH - 8578, POC - 8568, VAL - 8558

BANKNIFTY TECHNICAL

Current Spot: 19406.05
Pivot: 19380
5DEMA: 19120
10DEMA: 18947
20DEMA: 18766
50DEMA: 18286
RSI (14 days): 66.01
Parabolic SAR: 18259
Supports: 19325 - 19245 - 19190
Resistance: 19460 - 19515 - 19596
Bank Nifty Future VWAP: 19428.65
Bank Nifty Future VIX Range: 19191 - 19723
MP Values Bank Nifty Future: VAH - 19460, POC - 19430, VAL - 19400

Thanks and Regards

MarketPulse S&P