Market outlook for 10/03/2015

Nifty closed down 181.00 points (2.03%) at 8756.75 while Future closed at 8784.85, premium of 28.10 points.
Bank Nifty closed down 602.45 points (3.05%) at 19145.55 while Future closed at 19259.50, premium of 113.95 points.

• FII bought in Cash (Net buy 838.30 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1208.19 Crore)
• DII sold in Cash (Net sell 35.31 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 446:1067.
• McClellan's oscillator for NSE at -19.

NIFTY TECHNICAL

Current Spot: 8756.75
Pivot: 8796
5DEMA: 8867
10DEMA: 8859
20DEMA: 8814
50DEMA: 8674
RSI (14 days): 48.63
Parabolic SAR: 9119
Supports: 8701 - 8645 - 8550
Resistance: 8852 - 8947 - 9003

Nifty Future VWAP: 8833.33
Nifty Future VIX Range: 8677 - 8861
MP Values Nifty Future: VAH - 8907, POC - 8856, VAL - 8805

BANKNIFTY TECHNICAL

Current Spot: 19145.55
Pivot: 19268
5DEMA: 19492
10DEMA: 19427
20DEMA: 19336
50DEMA: 19151
RSI (14 days): 47.79
Parabolic SAR: 19002
Supports: 18990 - 18835 - 18558
Resistance: 19423 - 19700 - 19856

Bank Nifty Future VWAP: 19411.15
Bank Nifty Future VIX Range: 18895 - 19561
MP Values Bank Nifty Future: VAH - 19565, POC - 19422, VAL - 19279

Thanks and Regards

MarketPulse S&P