Market outlook for 05/02/2015

Nifty closed down 32.85 points (0.38%) at 8723.70 while Future closed at 8776.35, premium of 52.65 points.
Bank Nifty closed down 208.95 points (1.08%) at 19174.00 while Future closed at 19284.70, premium of 110.70 points.

• FII sold in Cash (Net sell 83.80 Crore)
• FII sold in stock future but bought in index future, index option (Net sell 367.08 Crore)
• DII sold in Cash (Net sell 72.35 Crore)
• Most Active Nifty Call Option: 9000 and 9100.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 645:848.
• McClellan's oscillator for NSE at -17.

NIFTY TECHNICAL

Current Spot: 8723.70
Pivot: 8740
5DEMA: 8779
10DEMA: 8756
20DEMA: 8651
50DEMA: 8502
RSI (14 days): 58.46
Parabolic SAR: 8997
Supports: 8688 - 8652 - 8599
Resistance: 8776 - 8829 - 8865

Nifty Future VWAP: 8804.17
Nifty Future VIX Range: 8674 - 8841
MP Values Nifty Future: VAH - 8828, POC - 8805, VAL - 8782

BANKNIFTY TECHNICAL

Current Spot: 19382.95
Pivot: 19237
5DEMA: 19612
10DEMA: 19706
20DEMA: 19515
50DEMA: 18950
RSI (14 days): 46.86
Parabolic SAR: 20805
Supports: 19050 - 18927 - 18741
Resistance: 19360 - 19547 - 19670

Bank Nifty Future VWAP: 19376.21
Bank Nifty Future VIX Range: 18958 - 19545
MP Values Bank Nifty Future: VAH - 19457, POC - 19380, VAL - 19303

Thanks and Regards

MarketPulse S&P