Market outlook for 21/01/2015

Nifty closed up 144.90 points (1.69%) at 8695.60 while Future closed at 8717.15, premium of 21.55 points.
Bank Nifty closed up 361.00 points (1.86%) at 19767.05 while Future closed at 19825.45, premium of 58.40 points.

• FII bought in Cash (Net buy 1275.59 Crore)
• FII bought in index future, stock future and in index option (Net buy 2970.99 Crore)
• DII sold in Cash (Net sell 761.60 Crore)
• Most Active Nifty Call Option: 8700 and 8800.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 859:683.
• McClellan's oscillator for NSE at +32.

NIFTY TECHNICAL

Current Spot: 8695.60
Pivot: 8659
5DEMA: 8534
10DEMA: 8440
20DEMA: 8370
50DEMA: 8300
RSI (14 days): 69.35
Parabolic SAR: 8131
Supports: 8611 - 8526 - 8477
Resistance: 8744 - 8793 - 8878

Nifty Future VWAP: 8659.63
Nifty Future VIX Range: 8613 - 8811
MP Values Nifty Future: VAH - 8692, POC - 8634, VAL - 8592

BANKNIFTY TECHNICAL

Current Spot: 19767.05
Pivot: 19674
5DEMA: 19336
10DEMA: 19096
20DEMA: 18862
50DEMA: 18345
RSI (14 days): 70.48
Parabolic SAR: 18321
Supports: 19540 - 19313 - 19178
Resistance: 19901 - 20035 - 20263

Bank Nifty Future VWAP: 19670.02
Bank Nifty Future VIX Range: 19537 - 20093
MP Values Bank Nifty Future: VAH - 19758, POC - 19574, VAL - 19483

Thanks and Regards

MarketPulse S&P