Market outlook for 09/07/2015

Nifty closed down 147.75 points (1.74%) at 8363.05 while Future closed at 8378.00, premium of 14.95 points.
Bank Nifty closed down 335.35 points (1.78%) at 18463.15 while Future closed at 18515.05, premium of 51.90 points.

• FII sold in Cash (Net sell 354.32 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 55.45 Crore)
• DII sold in Cash (Net sell 346.71 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8400 and 8300.
• Advance Decline for the day was 418:1100.
• McClellan's oscillator for NSE at +37.

NIFTY TECHNICAL

Current Spot: 8363.05
Pivot: 8387
5DEMA: 8440
10DEMA: 8412
20DEMA: 8353
50DEMA: 8343
RSI (14 days): 51.71
Parabolic SAR: 8561
Supports: 8317 - 8271 - 8201
Resistance: 8433 - 8503 - 8549

Nifty Future VWAP: 8397.27
Nifty Future VIX Range: 8293 - 8445
MP Values Nifty Future: VAH - 8416, POC - 8365, VAL - 8343

BANKNIFTY TECHNICAL

Current Spot: 18463.15
Pivot: 18512
5DEMA: 18616
10DEMA: 18517
20DEMA: 18344
50DEMA: 18228
RSI (14 days): 54.47
Parabolic SAR: 18403
Supports: 18354 - 18245 - 18088
Resistance: 18621 - 18778 - 18887

Bank Nifty Future VWAP: 18549.01
Bank Nifty Future VIX Range: 18282 - 18718
MP Values Bank Nifty Future: VAH - 18659, POC - 18577, VAL - 18495

Thanks and Regards

MarketPulse S&P