Market outlook for 29/04/2015

Nifty closed up 71.80 points (0.87%) at 8285.60 while Future closed at 8292.40, premium of 6.80 points.
Bank Nifty closed up 478.65 points (2.69%) at 18246.25 while Future closed at 18247.00, premium of 0.75 points.

• FII sold huge in Cash (Net sell 1532.84 Crore)
• FII bought in stock future but sold in index future, index option (Net buy 450.51 Crore)
• DII bought huge in Cash (Net buy 1537.08 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 998:499.
• McClellan's oscillator for NSE at -32.

NIFTY TECHNICAL

Current Spot: 8285.60
Pivot: 8260
5DEMA: 8326
10DEMA: 8413
20DEMA: 8503
50DEMA: 8622
RSI (14 days): 35.21
Parabolic SAR: 8655
Supports: 8211 - 8137 - 8088
Resistance: 8334 - 8382 - 8457

Nifty Future VWAP: 8250.65
Nifty Future VIX Range: 8199 - 8358
MP Values Nifty Future: VAH - 8275, POC - 8234, VAL - 8194

BANKNIFTY TECHNICAL

Current Spot: 18246.25
Pivot: 18111
5DEMA: 18112
10DEMA: 18211
20DEMA: 18365
50DEMA: 18767
RSI (14 days): 45.22
Parabolic SAR: 18786
Supports: 17902 - 17557 - 17348
Resistance: 18455 - 18665 - 19010

Bank Nifty Future VWAP: 18083.56
Bank Nifty Future VIX Range: 17962 - 18468
MP Values Bank Nifty Future: VAH - 18217, POC - 18057, VAL - 17897

Thanks and Regards

MarketPulse S&P