Market outlook for 12/06/2015

Nifty closed down 159.10 points (1.96%) at 7965.35 while Future closed at 7959.20, discount of 6.15 points.
Bank Nifty closed down 402.85 points (2.28%) at 17304.40 while Future closed at 17274.75, discount of 29.65 points.

• FII sold in Cash (Net sell 622.89 Crore)
• FII bought in index future, stock future but sold in index option (Net buy 364.31 Crore)
• DII bought in Cash (Net buy 589.29 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8000 and 7900.
• Advance Decline for the day was 289:1200.
• McClellan's oscillator for NSE at -42.

NIFTY TECHNICAL

Current Spot: 7965.35
Pivot: 8029
5DEMA: 8061
10DEMA: 8130
20DEMA: 8207
50DEMA: 8333
RSI (14 days): 34.80
Parabolic SAR: 8306
Supports: 7895 - 7824 - 7690
Resistance: 8100 - 8234 - 8304

Nifty Future VWAP: 8029.51
Nifty Future VIX Range: 7868 - 8052
MP Values Nifty Future: VAH - 8087, POC - 8028, VAL - 7969

BANKNIFTY TECHNICAL

Current Spot: 17304.40
Pivot: 17464
5DEMA: 17543
10DEMA: 17734
20DEMA: 17938
50DEMA: 18198
RSI (14 days): 36.15
Parabolic SAR: 18316
Supports: 17105 - 16906 - 16547
Resistance: 17663 - 18021 - 18221

Bank Nifty Future VWAP: 17455.29
Bank Nifty Future VIX Range: 16976 - 17504
MP Values Bank Nifty Future: VAH - 17588, POC - 17436, VAL - 17284

Thanks and Regards

MarketPulse S&P