Market outlook for 20/05/2015

Nifty closed down 8.00 points (0.10%) at 8365.65 while Future closed at 8366.30, premium of 0.65 points.
Bank Nifty closed down 42.55 points (0.23%) at 18380.40 while Future closed at 18366.40, discount of 14.00 points.

• FII bought in Cash (Net buy 48.06 Crore)
• FII bought in index future, index option and in stock future (Net buy 1957.14 Crore)
• DII bought in Cash (Net buy 451.02 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 781:711.
• McClellan's oscillator for NSE at +47.

NIFTY TECHNICAL

Current Spot: 8365.65
Pivot: 8376
5DEMA: 8307
10DEMA: 8281
20DEMA: 8315
50DEMA: 8465
RSI (14 days): 50.53
Parabolic SAR: 8046
Supports: 8325 - 8283 - 8232
Resistance: 8417 - 8469 - 8510

Nifty Future VWAP: 8375.45
Nifty Future VIX Range: 8255 - 8464
MP Values Nifty Future: VAH - 8405, POC - 8359, VAL - 8313

BANKNIFTY TECHNICAL

Current Spot: 18380.40
Pivot: 18411
5DEMA: 18248
10DEMA: 18166
20DEMA: 18185
50DEMA: 18419
RSI (14 days): 52.42
Parabolic SAR: 17322
Supports: 18266 - 18152 - 18007
Resistance: 18525 - 18670 - 18785

Bank Nifty Future VWAP: 18389.95
Bank Nifty Future VIX Range: 18036 - 18664
MP Values Bank Nifty Future: VAH - 18463, POC - 18356, VAL - 18271

Thanks and Regards

MarketPulse S&P