Market outlook for 16/04/2015

Nifty closed down 83.80 points (0.95%) at 8750.20 while Future closed at 8786.15, premium of 35.95 points.
Bank Nifty closed down 81.95 points (0.44%) at 18716.30 while Future closed at 18769.40, premium of 53.10 points.

• FII bought in Cash (Net buy 108.00 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 786.78 Crore)
• DII sold in Cash (Net sell 60.18 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 646:884.
• McClellan's oscillator for NSE at +66.

NIFTY TECHNICAL

Current Spot: 8750.20
Pivot: 8772
5DEMA: 8753
10DEMA: 8701
20DEMA: 8672
50DEMA: 8671
RSI (14 days): 55.69
Parabolic SAR: 8506
Supports: 8700 - 8650 - 8578
Resistance: 8823 - 8895 - 8945

Nifty Future VWAP: 8823.45
Nifty Future VIX Range: 8693 - 8847
MP Values Nifty Future: VAH - 8873, POC - 8848, VAL - 8795

BANKNIFTY TECHNICAL

Current Spot: 18716.30
Pivot: 18790
5DEMA: 18708
10DEMA: 18638
20DEMA: 18667
50DEMA: 18886
RSI (14 days): 50.09
Parabolic SAR: 17959
Supports: 18542 - 18368 - 18119
Resistance: 18965 - 19213 - 19387

Bank Nifty Future VWAP: 18937.46
Bank Nifty Future VIX Range: 18449 - 18981
MP Values Bank Nifty Future: VAH - 19109, POC - 19017, VAL - 18801

Thanks and Regards

MarketPulse S&P