Market outlook for 13/05/2015

Nifty closed down 198.30 points (2.38%) at 8126.95 while Future closed at 8131.25, premium of 4.30 points.
Bank Nifty closed down 571.10 points (3.14%) at 17628.65 while Future closed at 17619.50, discount of 9.15 points.

• FII sold huge in Cash (Net sell 1329.43 Crore)
• FII bought in index future, index option and in stock future (Net buy 3849.80 Crore)
• DII bought huge in Cash (Net buy 1331.93 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 295:1213.
• McClellan's oscillator for NSE at -08.

NIFTY TECHNICAL

Current Spot: 8126.95
Pivot: 8190
5DEMA: 8194
10DEMA: 8233
20DEMA: 8324
50DEMA: 8484
RSI (14 days): 39.69
Parabolic SAR: 8004
Supports: 8053 - 7978 - 7841
Resistance: 8264 - 8401 - 8475

Nifty Future VWAP: 8188.51
Nifty Future VIX Range: 8019 - 8241
MP Values Nifty Future: VAH - 8356, POC - 8334, VAL - 8293

BANKNIFTY TECHNICAL

Current Spot: 17628.65
Pivot: 17807
5DEMA: 17865
10DEMA: 17979
20DEMA: 18138
50DEMA: 18453
RSI (14 days): 41.31
Parabolic SAR: 18285
Supports: 17420 - 17211 - 16824
Resistance: 18016 - 18402 - 18611

Bank Nifty Future VWAP: 17778.37
Bank Nifty Future VIX Range: 17279 - 17927
MP Values Bank Nifty Future: VAH - 18268, POC - 18137, VAL - 18000

Thanks and Regards

MarketPulse S&P