Market outlook for 14/05/2015

Nifty closed up 108.50 points (1.34%) at 8235.45 while Future closed at 8250.75, premium of 15.30 points.
Bank Nifty closed up 468.80 points (2.66%) at 18097.45 while Future closed at 18109.20, premium of 11.75 points.

• FII sold in Cash (Net sell 71.20 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 338.28 Crore)
• DII bought in Cash (Net buy 254.00 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 980:509.
• McClellan's oscillator for NSE at +13.

NIFTY TECHNICAL

Current Spot: 8235.45
Pivot: 8193
5DEMA: 8208
10DEMA: 8233
20DEMA: 8316
50DEMA: 8483
RSI (14 days): 44.60
Parabolic SAR: 8010
Supports: 8132 - 8028 - 7967
Resistance: 8297 - 8359 - 8462

Nifty Future VWAP: 8206.98
Nifty Future VIX Range: 8144 - 8370
MP Values Nifty Future: VAH - 8279, POC - 8234, VAL - 8178

BANKNIFTY TECHNICAL

Current Spot: 18097.45
Pivot: 17959
5DEMA: 17942
10DEMA: 18000
20DEMA: 18135
50DEMA: 18462
RSI (14 days): 48.25
Parabolic SAR: 18202
Supports: 17789 - 17481 - 17312
Resistance: 18267 - 18436 - 18744

Bank Nifty Future VWAP: 17922.66
Bank Nifty Future VIX Range: 17783 - 18474
MP Values Bank Nifty Future: VAH - 18159, POC - 18051, VAL - 17837

Thanks and Regards

MarketPulse S&P