Market outlook for 26/03/2015

Nifty closed down 12.15 points (0.14%) at 8530.80 while Future closed at 8535.00, premium of 4.20 points.
Bank Nifty closed down 21.35 points (0.12%) at 18310.10 while Future closed at 18327.95, premium of 17.85 points.

• FII bought in Cash (Net buy 813.19 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 16.19 Crore)
• DII bought in Cash (Net buy 96.52 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 508:993.
• McClellan's oscillator for NSE at -66.

NIFTY TECHNICAL

Current Spot: 8530.80
Pivot: 8540
5DEMA: 8570
10DEMA: 8622
20DEMA: 8678
50DEMA: 8651
RSI (14 days): 38.57
Parabolic SAR: 8787
Supports: 8507 - 8483 - 8450
Resistance: 8564 - 8598 - 8621

Nifty Future VWAP: 8553.05
Nifty Future VIX Range: 8453 - 8600
MP Values Nifty Future: VAH - 8569, POC - 8555, VAL - 8541

BANKNIFTY TECHNICAL

Current Spot: 18310.10
Pivot: 18338
5DEMA: 18496
10DEMA: 18696
20DEMA: 18898
50DEMA: 19023
RSI (14 days): 36.87
Parabolic SAR: 19537
Supports: 18243 - 18177 - 18082
Resistance: 18405 - 18500 - 18566

Bank Nifty Future VWAP: 18393.77
Bank Nifty Future VIX Range: 18041 - 18555
MP Values Bank Nifty Future: VAH - 18428, POC - 18388, VAL - 18348

Thanks and Regards

MarketPulse S&P