Market outlook for 04/03/2015

Nifty closed up 39.50 points (0.44%) at 8996.25 while Future closed at 9054.85, premium of 58.60 points.
Bank Nifty closed down 46.90 points (0.23%) at 19961.20 while Future closed at 20121.15, premium of 159.95 points.

• FII bought in Cash (Net buy 772.92 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1546.84 Crore)
• DII sold in Cash (Net sell 303.88 Crore)
• Most Active Nifty Call Option: 9100 and 9200.
• Most Active Nifty Put Options: 8900 and 8800.
• Advance Decline for the day was 946:550.
• McClellan's oscillator for NSE at +17.

NIFTY TECHNICAL

Current Spot: 8996.25
Pivot: 8977
5DEMA: 8910
10DEMA: 8857
20DEMA: 8795
50DEMA: 8668
RSI (14 days): 65.14
Parabolic SAR: 8705
Supports: 8945 - 8894 - 8862
Resistance: 9028 - 9060 - 9111

Nifty Future VWAP: 9022.65
Nifty Future VIX Range: 8972 - 9141
MP Values Nifty Future: VAH - 9043, POC - 9016, VAL - 8989

BANKNIFTY TECHNICAL

Current Spot: 19961.20
Pivot: 19942
5DEMA: 19613
10DEMA: 19385
20DEMA: 19280
50DEMA: 19140
RSI (14 days): 61.74
Parabolic SAR: 18607
Supports: 19841 - 19720 - 19619
Resistance: 20063 - 20164 - 20284

Bank Nifty Future VWAP: 20074.59
Bank Nifty Future VIX Range: 19808 - 20453
MP Values Bank Nifty Future: VAH - 20145, POC - 20086, VAL - 20027

Thanks and Regards

MarketPulse S&P