Market outlook for 08/06/2015

Nifty closed down 15.95 points (0.20%) at 8114.70 while Future closed at 8114.25, discount of 0.45 points.
Bank Nifty closed down 169.95 points (0.96%) at 17549.25 while Future closed at 17536.80, discount of 12.45 points.

• FII sold in Cash (Net sell 550.29 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 428.71 Crore)
• DII bought in Cash (Net buy 879.50 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 794:692.
• McClellan's oscillator for NSE at -30.

NIFTY TECHNICAL

Current Spot: 8114.70
Pivot: 8135
5DEMA: 8189
10DEMA: 8248
20DEMA: 8291
50DEMA: 8405
RSI (14 days): 37.54
Parabolic SAR: 8440
Supports: 8080 - 8044 - 7989
Resistance: 8170 - 8226 - 8261

Nifty Future VWAP: 8144.70
Nifty Future VIX Range: 8021 - 8203
MP Values Nifty Future: VAH - 8170, POC - 8134, VAL - 8102

BANKNIFTY TECHNICAL

Current Spot: 17549.25
Pivot: 17614
5DEMA: 17854
10DEMA: 18051
20DEMA: 18165
50DEMA: 18384
RSI (14 days): 36.83
Parabolic SAR: 18677
Supports: 17442 - 17334 - 17161
Resistance: 17722 - 17894 - 18002

Bank Nifty Future VWAP: 17664.79
Bank Nifty Future VIX Range: 17246 - 17798
MP Values Bank Nifty Future: VAH - 17765, POC - 17685, VAL - 17605

Thanks and Regards

MarketPulse S&P