Market outlook for 28/01/2015

Nifty closed up 74.90 points (0.85%) at 8910.50 while Future closed at 8922.65, premium of 12.15 points.
Bank Nifty closed up 482.55 points (2.40%) at 20555.25 while Future closed at 20588.45, premium of 33.20 points.

• FII bought in Cash (Net buy 953.51 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1421.92 Crore)
• DII sold in Cash (Net sell 783.34 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 728:812.
• McClellan's oscillator for NSE at -05.

NIFTY TECHNICAL

Current Spot: 8910.50
Pivot: 8887
5DEMA: 8780
10DEMA: 8653
20DEMA: 8518
50DEMA: 8384
RSI (14 days): 75.95
Parabolic SAR: 8400
Supports: 8849 - 8787 - 8749
Resistance: 8949 - 8987 - 9048

Nifty Future VWAP: 8871.33
Nifty Future VIX Range: 8823 - 9012
MP Values Nifty Future: VAH - 8886, POC - 8863, VAL - 8840

BANKNIFTY TECHNICAL

Current Spot: 20555.25
Pivot: 20421
5DEMA: 20042
10DEMA: 19681
20DEMA: 19279
50DEMA: 18631
RSI (14 days): 78.39
Parabolic SAR: 18867
Supports: 20233 - 19910 - 19722
Resistance: 20744 - 20932 - 21255

Bank Nifty Future VWAP: 20342.66
Bank Nifty Future VIX Range: 20290 - 20860
MP Values Bank Nifty Future: VAH - 20650, POC - 20521, VAL - 20283

Thanks and Regards

MarketPulse S&P