Market outlook for 22/04/2015

Nifty closed down 70.35 points (0.83%) at 8377.75 while Future closed at 8400.45, premium of 22.70 points.
Bank Nifty closed down 7.00 points (0.04%) at 18105.75 while Future closed at 18156.10, premium of 50.35 points.

• FII bought huge in Cash (Net buy 17488.73 Crore)
• FII sold in stock future but bought in index future, index option (Net sell 598.58 Crore)
• DII bought in Cash (Net buy 1364.83 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8400 and 8300.
• Advance Decline for the day was 629:854.
• McClellan's oscillator for NSE at -11.

NIFTY TECHNICAL

Current Spot: 8377.75
Pivot: 8400
5DEMA: 8534
10DEMA: 8594
20DEMA: 8623
50DEMA: 8670
RSI (14 days): 34.94
Parabolic SAR: 8835
Supports: 8351 - 8283 - 8214
Resistance: 8447 - 8517 - 8564

Nifty Future VWAP: 8446.44
Nifty Future VIX Range: 8342 - 8506
MP Values Nifty Future: VAH - 8479, POC - 8447, VAL - 8415

BANKNIFTY TECHNICAL

Current Spot: 18105.75
Pivot: 18157
5DEMA: 18314
10DEMA: 18428
20DEMA: 18540
50DEMA: 18851
RSI (14 days): 38.58
Parabolic SAR: 19017
Supports: 17986 - 17866 - 17694
Resistance: 18277 - 18448 - 18569

Bank Nifty Future VWAP: 18217.15
Bank Nifty Future VIX Range: 17975 - 18465
MP Values Bank Nifty Future: VAH - 18322, POC - 18234, VAL - 18146

Thanks and Regards

MarketPulse S&P