Market outlook for 18/05/2015

Nifty closed up 38.15 points (0.46%) at 8262.35 while Future closed at 8261.20, discount of 1.15 points.
Bank Nifty closed up 66.95 points (0.37%) at 18183.15 while Future closed at 18163.10, discount of 20.05 points.

• FII sold in Cash (Net sell 38.31 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 770.40 Crore)
• DII bought in Cash (Net buy 563.60 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 821:660.
• McClellan's oscillator for NSE at +31.

NIFTY TECHNICAL

Current Spot: 8262.35
Pivot: 8251
5DEMA: 8230
10DEMA: 8237
20DEMA: 8303
50DEMA: 8465
RSI (14 days): 46.03
Parabolic SAR: 8023
Supports: 8223 - 8184 - 8156
Resistance: 8290 - 8318 - 8357

Nifty Future VWAP: 8258.63
Nifty Future VIX Range: 8154 - 8366
MP Values Nifty Future: VAH - 8227, POC - 8202, VAL - 8177

BANKNIFTY TECHNICAL

Current Spot: 18183.15
Pivot: 18184
5DEMA: 18061
10DEMA: 18051
20DEMA: 18138
50DEMA: 18422
RSI (14 days): 49.63
Parabolic SAR: 17247
Supports: 18108 - 18032 - 17956
Resistance: 18259 - 18336 - 18411

Bank Nifty Future VWAP: 18187.80
Bank Nifty Future VIX Range: 17833 - 18484
MP Values Bank Nifty Future: VAH - 18070, POC - 17980, VAL - 17890

Thanks and Regards

MarketPulse S&P