Market outlook for 26/06/2015

Nifty closed up 37.15 points (0.44%) at 8398.00 while Future closed at 8420.75, premium of 22.75 points.
Bank Nifty closed up 127.35 points (0.69%) at 18492.90 while Future closed at 18508.40, premium of 15.50 points.

• FII bought in Cash (Net buy 280.21 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 3258.05 Crore)
• DII sold in Cash (Net sell 8.45 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8300 and 8000.
• Advance Decline for the day was 723:747.
• McClellan's oscillator for NSE at +44.

NIFTY TECHNICAL

Current Spot: 8398.00
Pivot: 8384
5DEMA: 8331
10DEMA: 8262
20DEMA: 8231
50DEMA: 8284
RSI (14 days): 60.61
Parabolic SAR: 8064
Supports: 8344 - 8290 - 8250
Resistance: 8438 - 8477 - 8531

Nifty Future VWAP: 8405.53
Nifty Future VIX Range: 8353 - 8517
MP Values Nifty Future: VAH - 8437, POC - 8416, VAL - 8395

BANKNIFTY TECHNICAL

Current Spot: 18492.90
Pivot: 18437
5DEMA: 18278
10DEMA: 18087
20DEMA: 18004
50DEMA: 18074
RSI (14 days): 61.05
Parabolic SAR: 17424
Supports: 18335 - 18176 - 18074
Resistance: 18595 - 18697 - 18856

Bank Nifty Future VWAP: 18452.10
Bank Nifty Future VIX Range: 18270 - 18780
MP Values Bank Nifty Future: VAH - 18559, POC - 18494, VAL - 18421

Thanks and Regards

MarketPulse S&P