Market outlook for 16/06/2015

Nifty closed up 31.00 points (0.39%) at 8013.90 while Future closed at 8009.20, discount of 4.70 points.
Bank Nifty closed down 64.85 points (0.37%) at 17458.70 while Future closed at 17414.10, discount of 44.60 points.

• FII sold in Cash (Net sell 604.86 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 281.02 Crore)
• DII bought in Cash (Net buy 650.47 Crore)
• Most Active Nifty Call Option: 8100 and 8200.
• Most Active Nifty Put Options: 8000 and 7900.
• Advance Decline for the day was 824:646.
• McClellan's oscillator for NSE at -24.

NIFTY TECHNICAL

Current Spot: 8013.90
Pivot: 8005
5DEMA: 8028
10DEMA: 8087
20DEMA: 8169
50DEMA: 8301
RSI (14 days): 38.28
Parabolic SAR: 8217
Supports: 7953 - 7893 - 7840
Resistance: 8066 - 8118 - 8179

Nifty Future VWAP: 8011.42
Nifty Future VIX Range: 7918 - 8093
MP Values Nifty Future: VAH - 8033, POC - 8007, VAL - 7981

BANKNIFTY TECHNICAL

Current Spot: 17458.70
Pivot: 17468
5DEMA: 17510
10DEMA: 17653
20DEMA: 17856
50DEMA: 18127
RSI (14 days): 40.18
Parabolic SAR: 18078
Supports: 17357 - 17255 - 17144
Resistance: 17570 - 17681 - 17783

Bank Nifty Future VWAP: 17434.68
Bank Nifty Future VIX Range: 17139 - 17653
MP Values Bank Nifty Future: VAH - 17496, POC - 17445, VAL - 17394

Thanks and Regards

MarketPulse S&P