Market outlook for 01/07/2015

Nifty closed up 50.10 points (0.60%) at 8368.50 while Future closed at 8377.80, premium of 9.30 points.
Bank Nifty closed up 54.85 points (0.30%) at 18296.10 while Future closed at 18295.95, discount of 0.15 points.

• FII sold in Cash (Net sell 551.38 Crore)
• FII bought in index future, index option and in stock future (Net buy 808.34 Crore)
• DII bought in Cash (Net buy 580.59 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 1054:440.
• McClellan's oscillator for NSE at +26.

NIFTY TECHNICAL

Current Spot: 8368.50
Pivot: 8348
5DEMA: 8348
10DEMA: 8304
20DEMA: 8263
50DEMA: 8290
RSI (14 days): 57.59
Parabolic SAR: 8178
Supports: 8319 - 8269 - 8240
Resistance: 8398 - 8428 - 8477

Nifty Future VWAP: 8339.28
Nifty Future VIX Range: 8304 - 8459
MP Values Nifty Future: VAH - 8360, POC - 8338, VAL - 8316

BANKNIFTY TECHNICAL

Current Spot: 18296.10
Pivot: 18242
5DEMA: 18290
10DEMA: 18183
20DEMA: 18081
50DEMA: 18106
RSI (14 days): 55.68
Parabolic SAR: 17726
Supports: 18141 - 17986 - 17885
Resistance: 18397 - 18498 - 18653

Bank Nifty Future VWAP: 18195.44
Bank Nifty Future VIX Range: 18050 - 18510
MP Values Bank Nifty Future: VAH - 18271, POC - 18187, VAL - 18103

Thanks and Regards

MarketPulse S&P