Market outlook for 04/06/2015

Nifty closed down 101.35 points (1.23%) at 8135.10 while Future closed at 8136.35, premium of 1.25 points.
Bank Nifty closed down 255.90 points (1.42%) at 17721.40 while Future closed at 17720.85, discount of 0.55 points.

• FII sold in Cash (Net sell 727.61 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1922.64 Crore)
• DII bought in Cash (Net buy 412.66 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 227:1306.
• McClellan's oscillator for NSE at -52.

NIFTY TECHNICAL

Current Spot: 8135.10
Pivot: 8155
5DEMA: 8273
10DEMA: 8310
20DEMA: 8328
50DEMA: 8433
RSI (14 days): 38.40
Parabolic SAR: 8482
Supports: 8074 - 8013 - 7931
Resistance: 8216 - 8298 - 8359

Nifty Future VWAP: 8152.78
Nifty Future VIX Range: 8053 - 8247
MP Values Nifty Future: VAH - 8172, POC - 8139, VAL - 8106

BANKNIFTY TECHNICAL

Current Spot: 17721.40
Pivot: 17756
5DEMA: 18150
10DEMA: 18261
20DEMA: 18284
50DEMA: 18465
RSI (14 days): 39.28
Parabolic SAR: 18807
Supports: 17533 - 17345 - 17122
Resistance: 17944 - 18167 - 18355

Bank Nifty Future VWAP: 17742.70
Bank Nifty Future VIX Range: 17493 - 18077
MP Values Bank Nifty Future: VAH - 17781, POC - 17672, VAL - 17563

Thanks and Regards

MarketPulse S&P