Market outlook for 28/02/2015

Nifty closed up 160.75 points (1.85%) at 8844.60 while Future closed at 8889.95, premium of 45.35 points.
Bank Nifty closed up 536.45 points (2.89%) at 19074.55 while Future closed at 19221.65, premium of 147.10 points.

• FII bought huge in Cash (Net buy 1957.10 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 2893.79 Crore)
• DII sold in Cash (Net sell 491.93 Crore)
• Most Active Nifty Call Option: 9000 and 9100.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 1078:420.
• McClellan's oscillator for NSE at -03.

NIFTY TECHNICAL

Current Spot: 8844.60
Pivot: 8806
5DEMA: 8781
10DEMA: 8773
20DEMA: 8740
50DEMA: 8628
RSI (14 days): 58.36
Parabolic SAR: 8626
Supports: 8756 - 8667 - 8616
Resistance: 8895 - 8946 - 9035

Nifty Future VWAP: 8833.69
Nifty Future VIX Range: 8809 - 8983
MP Values Nifty Future: VAH - 8900, POC - 8856, VAL - 8809

BANKNIFTY TECHNICAL

Current Spot: 19074.55
Pivot: 18948
5DEMA: 18885
10DEMA: 18957
20DEMA: 19064
50DEMA: 18993
RSI (14 days): 49.98
Parabolic SAR: 19512
Supports: 18781 - 18488 - 18322
Resistance: 19241 - 19408 - 19701

Bank Nifty Future VWAP: 19037.45
Bank Nifty Future VIX Range: 18959 - 19535
MP Values Bank Nifty Future: VAH - 19250, POC - 19145, VAL - 18940

Thanks and Regards

MarketPulse S&P