Market outlook for 24/06/2015

Nifty closed up 28.45 points (0.34%) at 8381.55 while Future closed at 8377.44, discount of 4.15 points.
Bank Nifty closed up 56.85 points (0.31%) at 18391.35 while Future closed at 18390.55, discount of 0.80 points.

• FII sold in Cash (Net sell 374.97 Crore)
• FII bought in index future, stock future and in index option (Net buy 4174.55 Crore)
• DII bought in Cash (Net buy 404.20 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 858:619.
• McClellan's oscillator for NSE at +61.

NIFTY TECHNICAL

Current Spot: 8381.55
Pivot: 8372
5DEMA: 8267
10DEMA: 8203
20DEMA: 8198
50DEMA: 8277
RSI (14 days): 60.18
Parabolic SAR: 7990
Supports: 8345 - 8308 - 8281
Resistance: 8408 - 8435 - 8472

Nifty Future VWAP: 8371.56
Nifty Future VIX Range: 8295 - 8466
MP Values Nifty Future: VAH - 8392, POC - 8378, VAL - 8364

BANKNIFTY TECHNICAL

Current Spot: 18391.35
Pivot: 18393
5DEMA: 18073
10DEMA: 17915
20DEMA: 17909
50DEMA: 18055
RSI (14 days): 59.38
Parabolic SAR: 17252
Supports: 18286 - 18180 - 18074
Resistance: 18498 - 18605 - 18711

Bank Nifty Future VWAP: 18383.45
Bank Nifty Future VIX Range: 18139 - 18661
MP Values Bank Nifty Future: VAH - 18440, POC - 18392, VAL - 18344

Thanks and Regards

MarketPulse S&P