Market outlook for 05/06/2015

Nifty closed down 4.45 points (0.05%) at 8130.65 while Future closed at 8141.60, premium of 10.95 points.
Bank Nifty closed down 2.20 points (0.01%) at 17719.20 while Future closed at 17748.20, premium of 29.00 points.

• FII bought in Cash (Net buy 511.90 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1768.06 Crore)
• DII bought in Cash (Net buy 772.04 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 702:768.
• McClellan's oscillator for NSE at -44.

NIFTY TECHNICAL

Current Spot: 8130.65
Pivot: 8116
5DEMA: 8226
10DEMA: 8277
20DEMA: 8309
50DEMA: 8415
RSI (14 days): 38.28
Parabolic SAR: 8465
Supports: 8072 - 8013 - 7968
Resistance: 8175 - 8219 - 8278

Nifty Future VWAP: 8118.50
Nifty Future VIX Range: 8053 - 8241
MP Values Nifty Future: VAH - 8162, POC - 8132, VAL - 8102

BANKNIFTY TECHNICAL

Current Spot: 17719.20
Pivot: 17656
5DEMA: 18006
10DEMA: 18162
20DEMA: 18229
50DEMA: 18409
RSI (14 days): 39.35
Parabolic SAR: 18754
Supports: 17533 - 17347 - 17225
Resistance: 17842 - 17964 - 18150

Bank Nifty Future VWAP: 17679.64
Bank Nifty Future VIX Range: 17462 - 18028
MP Values Bank Nifty Future: VAH - 17790, POC - 17689, VAL - 17588

Thanks and Regards

MarketPulse S&P