Market outlook for 23/02/2015

Nifty closed down 61.70 points (0.69%) at 8833.60 while Future closed at 8849.45, premium of 15.85 points.
Bank Nifty closed down 114.75 points (0.60%) at 19073.55 while Future closed at 19104.90, premium of 31.35 points.

• FII sold in Cash (Net sell 89.41 Crore)
• FII sold in index future, index option and in stock future (Net sell 1101.45 Crore)
• DII bought in Cash (Net buy 204.85 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 759:754.
• McClellan's oscillator for NSE at +10.

NIFTY TECHNICAL

Current Spot: 8833.60
Pivot: 8850
5DEMA: 8825
10DEMA: 8783
20DEMA: 8723
50DEMA: 8601
RSI (14 days): 59.95
Parabolic SAR: 8521
Supports: 8800 - 8766 - 8716
Resistance: 8884 - 8934 - 8967

Nifty Future VWAP: 8869.05
Nifty Future VIX Range: 8770 - 8922
MP Values Nifty Future: VAH - 8891, POC - 8867, VAL - 8843

BANKNIFTY TECHNICAL

Current Spot: 19073.55
Pivot: 19088
5DEMA: 19150
10DEMA: 19172
20DEMA: 19217
50DEMA: 19052
RSI (14 days): 47.73
Parabolic SAR: 18401
Supports: 18868 - 18662 - 18442
Resistance: 19293 - 19513 - 19719

Bank Nifty Future VWAP: 19168.20
Bank Nifty Future VIX Range: 18830 - 19342
MP Values Bank Nifty Future: VAH - 19267, POC - 19153, VAL - 19039

Thanks and Regards

MarketPulse S&P