Market outlook for 19/05/2015

Nifty closed up 111.30 points (1.35%) at 8373.65 while Future closed at 8372.80, discount of 0.85 points.
Bank Nifty closed up 239.80 points (1.32%) at 18422.95 while Future closed at 18401.50, discount of 21.45 points.

• FII sold in Cash (Net sell 202.12 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1374.71 Crore)
• DII bought in Cash (Net buy 618.54 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 990:485.
• McClellan's oscillator for NSE at +48.

NIFTY TECHNICAL

Current Spot: 8373.65
Pivot: 8343
5DEMA: 8278
10DEMA: 8262
20DEMA: 8310
50DEMA: 8467
RSI (14 days): 50.95
Parabolic SAR: 8030
Supports: 8302 - 8231 - 8190
Resistance: 8415 - 8456 - 8528

Nifty Future VWAP: 8326.56
Nifty Future VIX Range: 8271 - 8487
MP Values Nifty Future: VAH - 8349, POC - 8313, VAL - 8277

BANKNIFTY TECHNICAL

Current Spot: 18422.95
Pivot: 18359
5DEMA: 18182
10DEMA: 18051
20DEMA: 18165
50DEMA: 18431
RSI (14 days): 53.07
Parabolic SAR: 17270
Supports: 18278 - 18133 - 18052
Resistance: 18504 - 18585 - 18730

Bank Nifty Future VWAP: 18306.45
Bank Nifty Future VIX Range: 18070 - 18720
MP Values Bank Nifty Future: VAH - 18361, POC - 18280, VAL - 18199

Thanks and Regards

MarketPulse S&P