Market outlook for 09/06/2015

Nifty closed down 70.55 points (0.87%) at 8044.15 while Future closed at 8044.20, premium of 0.05 points.
Bank Nifty closed down 116.65 points (0.66%) at 17432.60 while Future closed at 17410.65, discount of 21.95 points.

• FII sold in Cash (Net sell 749.12 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 468.48 Crore)
• DII bought in Cash (Net buy 529.82 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8000 and 7900.
• Advance Decline for the day was 347:1133.
• McClellan's oscillator for NSE at -49.

NIFTY TECHNICAL

Current Spot: 8044.15
Pivot: 8069
5DEMA: 8140
10DEMA: 8211
20DEMA: 8267
50DEMA: 8376
RSI (14 days): 34.77
Parabolic SAR: 8416
Supports: 8006 - 7968 - 7906
Resistance: 8107 - 8169 - 8207

Nifty Future VWAP: 8063.57
Nifty Future VIX Range: 7954 - 8132
MP Values Nifty Future: VAH - 8086, POC - 8064, VAL - 8042

BANKNIFTY TECHNICAL

Current Spot: 17432.60
Pivot: 17451
5DEMA: 17714
10DEMA: 17938
20DEMA: 18094
50DEMA: 18296
RSI (14 days): 35.44
Parabolic SAR: 18598
Supports: 17340 - 17248 - 17137
Resistance: 17543 - 17654 - 17746

Bank Nifty Future VWAP: 17428.20
Bank Nifty Future VIX Range: 17131 - 17665
MP Values Bank Nifty Future: VAH - 17466, POC - 17419, VAL - 17372

Thanks and Regards

MarketPulse S&P