Market outlook for 03/02/2015

Nifty closed down 11.50 points (0.13%) at 8797.40 while Future closed at 8859.65, premium of 62.25 points.
Bank Nifty closed up 22.15 points (0.11%) at 19865.90 while Future closed at 20052.10, premium of 186.20 points.

• FII sold in Cash (Net sell 629.97 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1066.11 Crore)
• DII sold in Cash (Net sell 224.07 Crore)
• Most Active Nifty Call Option: 9000 and 9100.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 879:630.
• McClellan's oscillator for NSE at -10.

NIFTY TECHNICAL

Current Spot: 8797.40
Pivot: 8796
5DEMA: 8831
10DEMA: 8765
20DEMA: 8632
50DEMA: 8481
RSI (14 days): 64.03
Parabolic SAR: 8725
Supports: 8752 - 8707 - 8662
Resistance: 8842 - 8886 - 8931

Nifty Future VWAP: 8853.74
Nifty Future VIX Range: 8770 - 8948
MP Values Nifty Future: VAH - 8882, POC - 8848, VAL - 8814

BANKNIFTY TECHNICAL

Current Spot: 19865.90
Pivot: 19807
5DEMA: 20056
10DEMA: 19923
20DEMA: 19568
50DEMA: 18904
RSI (14 days): 59.62
Parabolic SAR: 20908
Supports: 19623 - 19380 - 19196
Resistance: 20050 - 20234 - 20477

Bank Nifty Future VWAP: 19944.50
Bank Nifty Future VIX Range: 19793 - 20383
MP Values Bank Nifty Future: VAH - 20047, POC - 19857, VAL - 19736

Thanks and Regards

MarketPulse S&P