Market outlook for 11/06/2015

Nifty closed up 102.05 points (1.27%) at 8124.45 while Future closed at 8120.05, discount of 4.40 points.
Bank Nifty closed up 217.35 points (1.24%) at 17707.25 while Future closed at 17676.15, discount of 31.10 points.

• FII sold in Cash (Net sell 482.11 Crore)
• FII bought in index future, index option and in stock future (Net buy 1085.14 Crore)
• DII bought in Cash (Net buy 788.06 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8000 and 7900.
• Advance Decline for the day was 1031:425.
• McClellan's oscillator for NSE at -18.

NIFTY TECHNICAL

Current Spot: 8124.45
Pivot: 8100
5DEMA: 8109
10DEMA: 8167
20DEMA: 8232
50DEMA: 8349
RSI (14 days): 41.45
Parabolic SAR: 8345
Supports: 8048 - 7972 - 7920
Resistance: 8177 - 8229 - 8305

Nifty Future VWAP: 8105.04
Nifty Future VIX Range: 8032 - 8207
MP Values Nifty Future: VAH - 8045, POC - 8031, VAL - 8017

BANKNIFTY TECHNICAL

Current Spot: 17707.25
Pivot: 17658
5DEMA: 17662
10DEMA: 17830
20DEMA: 18005
50DEMA: 18235
RSI (14 days): 42.22
Parabolic SAR: 18407
Supports: 17535 - 17362 - 17239
Resistance: 17831 - 17954 - 18127

Bank Nifty Future VWAP: 17670.59
Bank Nifty Future VIX Range: 17410 - 17930
MP Values Bank Nifty Future: VAH - 17515, POC - 17472, VAL - 17429

Thanks and Regards

MarketPulse S&P