Market outlook for 21/04/2015

Nifty closed down 157.90 points (1.83%) at 8448.10 while Future closed at 8469.90, premium of 21.80 points.
Bank Nifty closed down 232.80 points (1.27%) at 18112.75 while Future closed at 18142.00, premium of 29.25 points.

• FII sold huge in Cash (Net sell 1506.86 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1025.35 Crore)
• DII bought in Cash (Net buy 962.50 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 304:1219.
• McClellan's oscillator for NSE at -09.

NIFTY TECHNICAL

Current Spot: 8448.10
Pivot: 8497
5DEMA: 8612
10DEMA: 8642
20DEMA: 8648
50DEMA: 8679
RSI (14 days): 37.89
Parabolic SAR: 8845
Supports: 8374 - 8300 - 8103
Resistance: 8571 - 8694 - 8891

Nifty Future VWAP: 8535.84
Nifty Future VIX Range: 8387 - 8553
MP Values Nifty Future: VAH - 8643, POC - 8575, VAL - 8499

BANKNIFTY TECHNICAL

Current Spot: 18112.75
Pivot: 18199
5DEMA: 18419
10DEMA: 18499
20DEMA: 18585
50DEMA: 18874
RSI (14 days): 38.77
Parabolic SAR: 19039
Supports: 17898 - 17684 - 17168
Resistance: 18414 - 18715 - 19231

Bank Nifty Future VWAP: 18327.73
Bank Nifty Future VIX Range: 17921 - 18426
MP Values Bank Nifty Future: VAH - 18554, POC - 18437, VAL - 18162

Thanks and Regards

MarketPulse S&P