Market outlook for 05/03/2015

Nifty closed down 73.60 points (0.82%) at 8922.65 while Future closed at 8956.35, premium of 33.70 points.
Bank Nifty closed down 317.30 points (1.59%) at 19643.90 while Future closed at 19752.70, premium of 108.80 points.

• FII bought huge in Cash (Net buy 2786.24 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1243.65 Crore)
• DII bought in Cash (Net buy 16.89 Crore)
• Most Active Nifty Call Option: 9200 and 9300.
• Most Active Nifty Put Options: 9000 and 8900.
• Advance Decline for the day was 420:1082.
• McClellan's oscillator for NSE at -04.

NIFTY TECHNICAL

Current Spot: 8922.65
Pivot: 8979
5DEMA: 8914
10DEMA: 8869
20DEMA: 8808
50DEMA: 8680
RSI (14 days): 59.38
Parabolic SAR: 8754
Supports: 8838 - 8753 - 8613
Resistance: 9063 - 9204 - 9289

Nifty Future VWAP: 9049.31
Nifty Future VIX Range: 8868 - 9037
MP Values Nifty Future: VAH - 9093, POC - 8983, VAL - 8927

BANKNIFTY TECHNICAL

Current Spot: 19961.20
Pivot: 19914
5DEMA: 19623
10DEMA: 19432
20DEMA: 19315
50DEMA: 19171
RSI (14 days): 55.80
Parabolic SAR: 18723
Supports: 19285 - 18927 - 18299
Resistance: 20272 - 20900 - 21259

Bank Nifty Future VWAP: 20198.06
Bank Nifty Future VIX Range: 19401 - 20039
MP Values Bank Nifty Future: VAH - 20740, POC - 20430, VAL - 19911

Thanks and Regards

MarketPulse S&P