Market outlook for 03/07/2015

Nifty closed down 8.15 points (0.10%) at 8444.90 while Future closed at 8438.30, discount of 6.60 points.
Bank Nifty closed up 3.95 points (0.02%) at 18585.55 while Future closed at 18566.30, discount of 19.25 points.

• FII bought in Cash (Net buy 575.32 Crore)
• FII bought in index future, index option and in stock future (Net buy 1791.11 Crore)
• DII sold in Cash (Net sell 219.02 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8300 and 8000.
• Advance Decline for the day was 850:661.
• McClellan's oscillator for NSE at +52.

NIFTY TECHNICAL

Current Spot: 8444.90
Pivot: 8452
5DEMA: 8404
10DEMA: 8352
20DEMA: 8297
50DEMA: 8316
RSI (14 days): 60.96
Parabolic SAR: 8252
Supports: 8426 - 8406 - 8380
Resistance: 8472 - 8499 - 8518

Nifty Future VWAP: 8450.26
Nifty Future VIX Range: 8362 - 8514
MP Values Nifty Future: VAH - 8468, POC - 8455, VAL - 8442

BANKNIFTY TECHNICAL

Current Spot: 18585.55
Pivot: 18581
5DEMA: 18453
10DEMA: 18315
20DEMA: 18173
50DEMA: 18163
RSI (14 days): 61.08
Parabolic SAR: 17915
Supports: 18518 - 18451 - 18389
Resistance: 18648 - 18710 - 18777

Bank Nifty Future VWAP: 18570.70
Bank Nifty Future VIX Range: 18352 - 18808
MP Values Bank Nifty Future: VAH - 18606, POC - 18574, VAL - 18542

Thanks and Regards

MarketPulse S&P