Market outlook for 10/06/2015

Nifty closed down 21.75 points (0.27%) at 8022.40 while Future closed at 8030.60, premium of 8.20 points.
Bank Nifty closed up 57.30 points (0.33%) at 17489.90 while Future closed at 17495.55, premium of 5.65 points.

• FII sold in Cash (Net sell 645.02 Crore)
• FII bought in index future, index option and in stock future (Net buy 799.60 Crore)
• DII bought in Cash (Net buy 692.02 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8000 and 7900.
• Advance Decline for the day was 554:925.
• McClellan's oscillator for NSE at -50.

NIFTY TECHNICAL

Current Spot: 8022.40
Pivot: 8028
5DEMA: 8101
10DEMA: 8176
20DEMA: 8244
50DEMA: 8362
RSI (14 days): 33.88
Parabolic SAR: 8383
Supports: 7999 - 7976 - 7947
Resistance: 8051 - 8080 - 8103

Nifty Future VWAP: 8031.21
Nifty Future VIX Range: 7932 - 8105
MP Values Nifty Future: VAH - 8045, POC - 8031, VAL - 8017

BANKNIFTY TECHNICAL

Current Spot: 17489.90
Pivot: 17481
5DEMA: 17639
10DEMA: 17857
20DEMA: 18036
50DEMA: 18264
RSI (14 days): 36.89
Parabolic SAR: 18498
Supports: 17402 - 17314 - 17234
Resistance: 17569 - 17649 - 17737

Bank Nifty Future VWAP: 17469.80
Bank Nifty Future VIX Range: 17213 - 17735
MP Values Bank Nifty Future: VAH - 17515, POC - 17472, VAL - 17429

Thanks and Regards

MarketPulse S&P