Market outlook for 02/06/2015

Nifty closed down 0.25 points (0.00%) at 8433.40 while Future closed at 8431.65, discount of 1.75 points.
Bank Nifty closed down 104.35 points (0.56%) at 18617.00 while Future closed at 18641.40, premium of 24.40 points.

• FII bought in Cash (Net buy 113.47 Crore)
• FII sold in stock future, index option but bought in index future (Net sell 485.69 Crore)
• DII bought in Cash (Net buy 49.34 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8400 and 8300.
• Advance Decline for the day was 672:844.
• McClellan's oscillator for NSE at +04.

NIFTY TECHNICAL

Current Spot: 8433.40
Pivot: 8435
5DEMA: 8395
10DEMA: 8373
20DEMA: 8360
50DEMA: 8451
RSI (14 days): 53.58
Parabolic SAR: 8296
Supports: 8403 - 8374 - 8342
Resistance: 8465 - 8497 - 8527

Nifty Future VWAP: 8448.93
Nifty Future VIX Range: 8333 - 8513
MP Values Nifty Future: VAH - 8461, POC - 8444, VAL - 8427

BANKNIFTY TECHNICAL

Current Spot: 18617.00
Pivot: 18683
5DEMA: 18558
10DEMA: 18470
20DEMA: 18382
50DEMA: 18520
RSI (14 days): 54.73
Parabolic SAR: 18148
Supports: 18533 - 18449 - 18299
Resistance: 18767 - 18917 - 19001

Bank Nifty Future VWAP: 18745.69
Bank Nifty Future VIX Range: 18375 - 18904
MP Values Bank Nifty Future: VAH - 18862, POC - 18786, VAL - 18710

Thanks and Regards

MarketPulse S&P