Market outlook for 08/07/2015

Nifty closed down 11.35 points (0.13%) at 8510.80 while Future closed at 8516.60, premium of 5.80 points.
Bank Nifty closed down 26.65 points (0.14%) at 18798.50 while Future closed at 18806.45, premium of 7.95 points.

• FII bought in Cash (Net buy 23.54 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1873.13 Crore)
• DII sold in Cash (Net sell 94.71 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8400 and 8300.
• Advance Decline for the day was 926:601.
• McClellan's oscillator for NSE at +67.

NIFTY TECHNICAL

Current Spot: 8510.80
Pivot: 8519
5DEMA: 8478
10DEMA: 8422
20DEMA: 8352
50DEMA: 8337
RSI (14 days): 63.77
Parabolic SAR: 8368
Supports: 8476 - 8441 - 8398
Resistance: 8553 - 8596 - 8631

Nifty Future VWAP: 8527.36
Nifty Future VIX Range: 8454 - 8598
MP Values Nifty Future: VAH - 8543, POC - 8523, VAL - 8503

BANKNIFTY TECHNICAL

Current Spot: 18798.50
Pivot: 18831
5DEMA: 18692
10DEMA: 18529
20DEMA: 18332
50DEMA: 18223
RSI (14 days): 64.55
Parabolic SAR: 18312
Supports: 18681 - 18563 - 18413
Resistance: 18948 - 19098 - 19216

Bank Nifty Future VWAP: 18864.04
Bank Nifty Future VIX Range: 18604 - 19036
MP Values Bank Nifty Future: VAH - 18924, POC - 18833, VAL - 18742

Thanks and Regards

MarketPulse S&P