Market outlook for 18/06/2015

Nifty closed up 44.25 points (0.55%) at 8091.55 while Future closed at 8079.05, discount of 12.50 points.
Bank Nifty closed down 18.40 points (0.10%) at 17584.05 while Future closed at 17520.65, discount of 63.40 points.

• FII sold in Cash (Net sell 940.91 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1123.57 Crore)
• DII bought huge in Cash (Net buy 1447.07 Crore)
• Most Active Nifty Call Option: 8100 and 8200.
• Most Active Nifty Put Options: 8000 and 7900.
• Advance Decline for the day was 1033:451.
• McClellan's oscillator for NSE at +13.

NIFTY TECHNICAL

Current Spot: 8091.55
Pivot: 8092
5DEMA: 8053
10DEMA: 8082
20DEMA: 8151
50DEMA: 8291
RSI (14 days): 43.58
Parabolic SAR: 8145
Supports: 8048 - 8005 - 7960
Resistance: 8136 - 8180 - 8224

Nifty Future VWAP: 8080.32
Nifty Future VIX Range: 7994 - 8162
MP Values Nifty Future: VAH - 8095, POC - 8066, VAL - 8043

BANKNIFTY TECHNICAL

Current Spot: 17584.05
Pivot: 17603
5DEMA: 17555
10DEMA: 17633
20DEMA: 17809
50DEMA: 18104
RSI (14 days): 42.97
Parabolic SAR: 17875
Supports: 17514 - 17444 - 17355
Resistance: 17673 - 17762 - 17832

Bank Nifty Future VWAP: 17567.87
Bank Nifty Future VIX Range: 17280 - 17774
MP Values Bank Nifty Future: VAH - 17629, POC - 17583, VAL - 17537

Thanks and Regards

MarketPulse S&P