Market outlook for 10/02/2015

Nifty closed down 134.70 points (1.56%) at 8526.35 while Future closed at 8562.90, premium of 36.55 points.
Bank Nifty closed down 382.85 points (2.04%) at 18403.85 while Future closed at 18489.30, premium of 85.45 points.

• FII sold in Cash (Net sell 660.30 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1492.63 Crore)
• DII bought in Cash (Net buy 469.55 Crore)
• Most Active Nifty Call Option: 8800 and 9000.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 361:1140.
• McClellan's oscillator for NSE at -70.

NIFTY TECHNICAL

Current Spot: 8526.35
Pivot: 8549
5DEMA: 8659
10DEMA: 8695
20DEMA: 8645
50DEMA: 8517
RSI (14 days): 45.21
Parabolic SAR: 8949
Supports: 8493 - 8460 - 8404
Resistance: 8582 - 8639 - 8672

Nifty Future VWAP: 8599.71
Nifty Future VIX Range: 8475 - 8639
MP Values Nifty Future: VAH - 8624, POC - 8603, VAL - 8582

BANKNIFTY TECHNICAL

Current Spot: 18403.85
Pivot: 18484
5DEMA: 18943
10DEMA: 19253
20DEMA: 19310
50DEMA: 18919
RSI (14 days): 36.22
Parabolic SAR: 20323
Supports: 18300 - 18196 - 18013
Resistance: 18587 - 18771 - 18875

Bank Nifty Future VWAP: 18616.37
Bank Nifty Future VIX Range: 18194 - 18755
MP Values Bank Nifty Future: VAH - 18719, POC - 18634, VAL - 18549

Thanks and Regards

MarketPulse S&P