Market outlook for 11/03/2015

Nifty closed down 44.70 points (0.51%) at 8712.05 while Future closed at 8760.30, premium of 48.25 points.
Bank Nifty closed down 91.15 points (0.48%) at 19054.40 while Future closed at 19168.55, premium of 114.15 points.

• FII sold in Cash (Net sell 748.13 Crore)
• FII sold in index future but bought in index option, stock future (Net sell 474.56 Crore)
• DII bought in Cash (Net buy 290.48 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 610:912.
• McClellan's oscillator for NSE at -23.

NIFTY TECHNICAL

Current Spot: 8712.05
Pivot: 8722
5DEMA: 8815
10DEMA: 8832
20DEMA: 8804
50DEMA: 8677
RSI (14 days): 46.19
Parabolic SAR: 9110
Supports: 8667 - 8622 - 8566
Resistance: 8768 - 8823 - 8868

Nifty Future VWAP: 8766.89
Nifty Future VIX Range: 8678 - 8857
MP Values Nifty Future: VAH - 8811, POC - 8777, VAL - 8743

BANKNIFTY TECHNICAL

Current Spot: 19054.40
Pivot: 19080
5DEMA: 19346
10DEMA: 19359
20DEMA: 19309
50DEMA: 19162
RSI (14 days): 46.45
Parabolic SAR: 20542
Supports: 18889 - 18724 - 18532
Resistance: 19246 - 19437 - 19602

Bank Nifty Future VWAP: 19214.40
Bank Nifty Future VIX Range: 18892 - 19538
MP Values Bank Nifty Future: VAH - 19343, POC - 19226, VAL - 19109

Thanks and Regards

MarketPulse S&P