Market outlook for 18/03/2015

Nifty closed up 90.15 points (1.04%) at 8723.30 while Future closed at 8740.20, premium of 16.90 points.
Bank Nifty closed up 220.90 points (1.17%) at 19058.25 while Future closed at 19131.10, premium of 72.85 points.

• FII bought in Cash (Net buy 265.52 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1028.56 Crore)
• DII sold in Cash (Net sell 243.69 Crore)
• Most Active Nifty Call Option: 8800 and 8900.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 795:716.
• McClellan's oscillator for NSE at -31.

NIFTY TECHNICAL

Current Spot: 8723.30
Pivot: 8699
5DEMA: 8708
10DEMA: 8744
20DEMA: 8760
50DEMA: 8655
RSI (14 days): 48.88
Parabolic SAR: 8998
Supports: 8655 - 8587 - 8543
Resistance: 8767 - 8811 - 8879

Nifty Future VWAP: 8714.68
Nifty Future VIX Range: 8653 - 8825
MP Values Nifty Future: VAH - 8739, POC - 8700, VAL - 8661

BANKNIFTY TECHNICAL

Current Spot: 19058.25
Pivot: 18987
5DEMA: 19013
10DEMA: 19109
20DEMA: 19174
50DEMA: 19080
RSI (14 days): 48.13
Parabolic SAR: 20271
Supports: 18853 - 18647 - 18512
Resistance: 19193 - 19328 - 19533

Bank Nifty Future VWAP: 19047.35
Bank Nifty Future VIX Range: 18880 - 19470
MP Values Bank Nifty Future: VAH - 19121, POC - 19019, VAL - 18917

Thanks and Regards

MarketPulse S&P