Market outlook for 02/02/2015

Nifty closed down 143.45 points (1.60%) at 8808.90 while Future closed at 8872.65, premium of 63.75 points.
Bank Nifty closed down 684.85 points (3.34%) at 19843.75 while Future closed at 19995.35, premium of 151.60 points.

• FII sold in Cash (Net sell 771.55 Crore)
• FII sold in stock future but bought in index future, index option (Net sell 79.46 Crore)
• DII sold in Cash (Net sell 37.60 Crore)
• Most Active Nifty Call Option: 9000 and 9200.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 579:917.
• McClellan's oscillator for NSE at -23.

NIFTY TECHNICAL

Current Spot: 8808.90
Pivot: 8860
5DEMA: 8848
10DEMA: 8757
20DEMA: 8614
50DEMA: 8468
RSI (14 days): 64.89
Parabolic SAR: 8657
Supports: 8724 - 8639 - 8502
Resistance: 8945 - 9082 - 9167

Nifty Future VWAP: 8911.58
Nifty Future VIX Range: 8796 - 8979
MP Values Nifty Future: VAH - 8936, POC - 8885, VAL - 8834

BANKNIFTY TECHNICAL

Current Spot: 19843.75
Pivot: 20059
5DEMA: 20151
10DEMA: 19935
20DEMA: 19536
50DEMA: 18865
RSI (14 days): 59.30
Parabolic SAR: 19580
Supports: 19517 - 19191 - 18649
Resistance: 20385 - 20927 - 21254

Bank Nifty Future VWAP: 20244.78
Bank Nifty Future VIX Range: 19697 - 20303
MP Values Bank Nifty Future: VAH - 20525, POC - 20254, VAL - 19983

Thanks and Regards

MarketPulse S&P