Market outlook for 27/01/2015

Nifty closed up 74.20 points (0.85%) at 8835.60 while Future closed at 8844.40, premium of 8.80 points.
Bank Nifty closed up 155.05 points (0.78%) at 20072.70 while Future closed at 20119.30, premium of 46.60 points.

• FII bought huge in Cash (Net buy 2019.98 Crore)
• FII bought in index future but sold in index option, stock future (Net buy 383.99 Crore)
• DII sold in Cash (Net sell 1299.96 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 524:1021.
• McClellan's oscillator for NSE at -03.

NIFTY TECHNICAL

Current Spot: 8835.60
Pivot: 8832
5DEMA: 8714
10DEMA: 8595
20DEMA: 8476
50DEMA: 8364
RSI (14 days): 73.76
Parabolic SAR: 8315
Supports: 8799 - 8761 - 8728
Resistance: 8870 - 8903 - 8941

Nifty Future VWAP: 8844.18
Nifty Future VIX Range: 8741 - 8927
MP Values Nifty Future: VAH - 8860, POC - 8844, VAL - 8828

BANKNIFTY TECHNICAL

Current Spot: 20072.70
Pivot: 20069
5DEMA: 19786
10DEMA: 19487
20DEMA: 19145
50DEMA: 18545
RSI (14 days): 73.90
Parabolic SAR: 18674
Supports: 19971 - 19869 - 19771
Resistance: 20171 - 20270 - 20371

Bank Nifty Future VWAP: 20115.22
Bank Nifty Future VIX Range: 19842 - 20364
MP Values Bank Nifty Future: VAH - 20188, POC - 20140, VAL - 20084

Thanks and Regards

MarketPulse S&P