Market outlook for 09/03/2015

Nifty closed up 15.10 points (0.17%) at 8937.75 while Future closed at 8988.75, premium of 51.00 points.
Bank Nifty closed up 104.10 points (0.53%) at 19748.00 while Future closed at 19907.80, premium of 159.80 points.

• FII bought in Cash (Net buy 79.84 Crore)
• FII sold in stock future, index option but bought in index future (Net sell 74.99 Crore)
• DII sold in Cash (Net sell 193.54 Crore)
• Most Active Nifty Call Option: 9200 and 9300.
• Most Active Nifty Put Options: 9000 and 8900.
• Advance Decline for the day was 729:760.
• McClellan's oscillator for NSE at -02.

NIFTY TECHNICAL

Current Spot: 8937.75
Pivot: 8915
5DEMA: 8922
10DEMA: 8881
20DEMA: 8820
50DEMA: 8688
RSI (14 days): 60.13
Parabolic SAR: 8805
Supports: 8872 - 8807 - 8764
Resistance: 8980 - 9023 - 9089

Nifty Future VWAP: 8951.24
Nifty Future VIX Range: 8903 - 9069
MP Values Nifty Future: VAH - 9093, POC - 8983, VAL - 8927

BANKNIFTY TECHNICAL

Current Spot: 19748.00
Pivot: 19659
5DEMA: 19665
10DEMA: 19490
20DEMA: 19356
50DEMA: 19191
RSI (14 days): 57.23
Parabolic SAR: 18868
Supports: 19488 - 19227 - 19056
Resistance: 19919 - 20091 - 20351

Bank Nifty Future VWAP: 19743.53
Bank Nifty Future VIX Range: 19607 - 20235
MP Values Bank Nifty Future: VAH - 20740, POC - 20430, VAL - 19911

Thanks and Regards

MarketPulse S&P