Market outlook for 02/03/2015

Nifty closed up 57.25 points (0.65%) at 8901.85 while Future closed at 8964.65, premium of 62.80 points.
Bank Nifty closed up 616.65 points (3.23%) at 19691.20 while Future closed at 19853.10, premium of 161.90 points.

• FII bought in Cash (Net buy 614.03 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 2916.85 Crore)
• DII sold in Cash (Net sell 740.74 Crore)
• Most Active Nifty Call Option: 9100 and 9200.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 598:863.
• McClellan's oscillator for NSE at -09.

NIFTY TECHNICAL

Current Spot: 8964.65
Pivot: 8865
5DEMA: 8821
10DEMA: 8797
20DEMA: 8755
50DEMA: 8646
RSI (14 days): 60.96
Parabolic SAR: 8645
Supports: 8788 - 8675 - 8599
Resistance: 8978 - 9055 - 9168

Nifty Future VWAP: 8916.26
Nifty Future VIX Range: 8899 - 9075
MP Values Nifty Future: VAH - 8900, POC - 8856, VAL - 8809

BANKNIFTY TECHNICAL

Current Spot: 19691.20
Pivot: 19497
5DEMA: 19154
10DEMA: 19090
20DEMA: 19124
50DEMA: 19058
RSI (14 days): 58.96
Parabolic SAR: 18490
Supports: 19218 - 18744 - 18464
Resistance: 19971 - 20251 - 20724

Bank Nifty Future VWAP: 19466.77
Bank Nifty Future VIX Range: 19615 - 20275
MP Values Bank Nifty Future: VAH - 19250, POC - 19145, VAL - 18940

Thanks and Regards

MarketPulse S&P