Market outlook for 06/04/2015

Nifty closed up 95.25 points (1.12%) at 8586.25 while Future closed at 8633.10, premium of 46.85 points.
Bank Nifty closed up 411.20 points (2.26%) at 18617.85 while Future closed at 18727.00, premium of 109.15 points.

• FII bought in Cash (Net buy 209.87 Crore)
• FII bought in index future, index option and in stock future (Net buy 1722.34 Crore)
• DII bought in Cash (Net buy 197.25 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 1211:298.
• McClellan's oscillator for NSE at +36.

NIFTY TECHNICAL

Current Spot: 8586.25
Pivot: 8551
5DEMA: 8509
10DEMA: 8529
20DEMA: 8594
50DEMA: 8631
RSI (14 days): 48.04
Parabolic SAR: 8269
Supports: 8500 - 8413 - 8361
Resistance: 8638 - 8690 - 8777

Nifty Future VWAP: 8573.27
Nifty Future VIX Range: 8548 - 8724
MP Values Nifty Future: VAH - 8626, POC - 8579, VAL - 8532

BANKNIFTY TECHNICAL

Current Spot: 18617.85
Pivot: 18473
5DEMA: 18364
10DEMA: 18433
20DEMA: 18643
50DEMA: 18919
RSI (14 days): 47.88
Parabolic SAR: 17719
Supports: 18277 - 17935 - 17739
Resistance: 18814 - 19010 - 19351

Bank Nifty Future VWAP: 18444.01
Bank Nifty Future VIX Range: 18444 - 19046
MP Values Bank Nifty Future: VAH - 18704, POC - 18532, VAL - 18360

Thanks and Regards

MarketPulse S&P