Market outlook for 12/05/2015

Nifty closed up 133.75 points (1.63%) at 8325.25 while Future closed at 8342.15, premium of 16.90 points.
Bank Nifty closed up 403.15 points (2.27%) at 18199.75 while Future closed at 18208.80, premium of 9.05 points.

• FII bought in Cash (Net buy 169.97 Crore)
• FII bought in index future, index option and in stock future (Net buy 2147.73 Crore)
• DII bought in Cash (Net buy 328.57 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 1055:442.
• McClellan's oscillator for NSE at +21.

NIFTY TECHNICAL

Current Spot: 8325.25
Pivot: 8294
5DEMA: 8228
10DEMA: 8256
20DEMA: 8345
50DEMA: 8490
RSI (14 days): 47.05
Parabolic SAR: 7997
Supports: 8256 - 8186 - 8148
Resistance: 8364 - 8402 - 8472

Nifty Future VWAP: 8314.04
Nifty Future VIX Range: 8234 - 8442
MP Values Nifty Future: VAH - 8356, POC - 8334, VAL - 8293

BANKNIFTY TECHNICAL

Current Spot: 18199.75
Pivot: 18094
5DEMA: 17983
10DEMA: 18057
20DEMA: 18192
50DEMA: 18468
RSI (14 days): 48.92
Parabolic SAR: 18375
Supports: 17947 - 17695 - 17549
Resistance: 18346 - 18493 - 18745

Bank Nifty Future VWAP: 18094.21
Bank Nifty Future VIX Range: 17899 - 18521
MP Values Bank Nifty Future: VAH - 18268, POC - 18137, VAL - 18000

Thanks and Regards

MarketPulse S&P