Market outlook for 22/06/2015

Nifty closed up 50.35 points (0.62%) at 8224.95 while Future closed at 8237.60, premium of 12.65 points.
Bank Nifty closed up 147.30 points (0.83%) at 17880.85 while Future closed at 17871.00, discount of 9.85 points.

• FII sold in Cash (Net sell 106.12 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1397.35 Crore)
• DII bought in Cash (Net buy 447.55 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 818:675.
• McClellan's oscillator for NSE at +38.

NIFTY TECHNICAL

Current Spot: 8224.95
Pivot: 8224
5DEMA: 8138
10DEMA: 8122
20DEMA: 8160
50DEMA: 8272
RSI (14 days): 52.21
Parabolic SAR: 7947
Supports: 8197 - 8169 - 8142
Resistance: 8252 - 8279 - 8307

Nifty Future VWAP: 8219.27
Nifty Future VIX Range: 8162 - 8332
MP Values Nifty Future: VAH - 8240, POC - 8222, VAL - 8204

BANKNIFTY TECHNICAL

Current Spot: 17880.85
Pivot: 17849
5DEMA: 17703
10DEMA: 17693
20DEMA: 17808
50DEMA: 18044
RSI (14 days): 49.96
Parabolic SAR: 17175
Supports: 17763 - 17644 - 17558
Resistance: 17967 - 18054 - 18172

Bank Nifty Future VWAP: 17794.75
Bank Nifty Future VIX Range: 17670 - 18160
MP Values Bank Nifty Future: VAH - 17867, POC - 17791, VAL - 17715

Thanks and Regards

MarketPulse S&P