Market outlook for 27/03/2015

Nifty closed down 188.65 points (2.21%) at 8342.15 while Future closed at 8455.75, premium of 113.60 points.
Bank Nifty closed down 478.45 points (2.61%) at 17831.65 while Future closed at 18066.70, premium of 235.05 points.

• FII sold in Cash (Net sell 521.23 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1499.52 Crore)
• DII bought in Cash (Net buy 687.09 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 454:1057.
• McClellan's oscillator for NSE at -71.

NIFTY TECHNICAL

Current Spot: 8342.15
Pivot: 8389
5DEMA: 8494
10DEMA: 8571
20DEMA: 8646
50DEMA: 8639
RSI (14 days): 30.19
Parabolic SAR: 8713
Supports: 8279 - 8215 - 8104
Resistance: 8453 - 8563 - 8627

Nifty Future VWAP: 8509.89
Nifty Future VIX Range: 8382 - 8552
MP Values Nifty Future: VAH - 8534, POC - 8479, VAL - 8439

BANKNIFTY TECHNICAL

Current Spot: 17831.65
Pivot: 17928
5DEMA: 18275
10DEMA: 18539
20DEMA: 18797
50DEMA: 18976
RSI (14 days): 30.93
Parabolic SAR: 19284
Supports: 17632 - 17433 - 17137
Resistance: 18127 - 18423 - 18622

Bank Nifty Future VWAP: 18215.15
Bank Nifty Future VIX Range: 17894 - 18446
MP Values Bank Nifty Future: VAH - 18336, POC - 18186, VAL - 18036

Thanks and Regards

MarketPulse S&P