Market outlook for 20/04/2015

Nifty closed down 100.70 points (1.16%) at 8606.00 while Future closed at 8638.85, premium of 32.85 points.
Bank Nifty closed down 291.50 points (1.56%) at 18345.55 while Future closed at 18408.35, premium of 62.80 points.

• FII sold in Cash (Net sell 675.71 Crore)
• FII sold in stock future but bought in index future, index option (Net sell 74.95 Crore)
• DII bought in Cash (Net buy 72.52 Crore)
• Most Active Nifty Call Option: 8800 and 8900.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 482:1046.
• McClellan's oscillator for NSE at +21.

NIFTY TECHNICAL

Current Spot: 8606.00
Pivot: 8634
5DEMA: 8694
10DEMA: 8685
20DEMA: 8669
50DEMA: 8675
RSI (14 days): 46.09
Parabolic SAR: 8597
Supports: 8569 - 8531 - 8465
Resistance: 8672 - 8737 - 8775

Nifty Future VWAP: 8671.87
Nifty Future VIX Range: 8560 - 8712
MP Values Nifty Future: VAH - 8710, POC - 8682, VAL - 8654

BANKNIFTY TECHNICAL

Current Spot: 18345.55
Pivot: 18431
5DEMA: 18572
10DEMA: 18585
20DEMA: 18634
50DEMA: 18871
RSI (14 days): 42.87
Parabolic SAR: 18263
Supports: 18236 - 18127 - 17932
Resistance: 18540 - 18735 - 18844

Bank Nifty Future VWAP: 18497.95
Bank Nifty Future VIX Range: 18160 - 18670
MP Values Bank Nifty Future: VAH - 18566, POC - 18514, VAL - 18462

Thanks and Regards

MarketPulse S&P