Market outlook for 20/07/2015

Nifty closed up 1.80 points (0.02%) at 8609.85 while Future closed at 8625.05, premium of 15.20 points.
Bank Nifty closed down 73.35 points (0.38%) at 19094.70 while Future closed at 19148.35, premium of 53.65 points.

• FII bought in Cash (Net buy 605.56 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 126.85 Crore)
• DII sold in Cash (Net sell 175.15 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 749:764.
• McClellan's oscillator for NSE at +42.

NIFTY TECHNICAL

Current Spot: 8609.85
Pivot: 8615
5DEMA: 8542
10DEMA: 8491
20DEMA: 8425
50DEMA: 8357
RSI (14 days): 65.47
Parabolic SAR: 8334
Supports: 8588 - 8566 - 8538
Resistance: 8637 - 8665 - 8687

Nifty Future VWAP: 8629.47
Nifty Future VIX Range: 8558 - 8704
MP Values Nifty Future: VAH - 8640, POC - 8629, VAL - 8618

BANKNIFTY TECHNICAL

Current Spot: 19094.70
Pivot: 19131
5DEMA: 18964
10DEMA: 18825
20DEMA: 18619
50DEMA: 18357
RSI (14 days): 64.63
Parabolic SAR: 18865
Supports: 19033 - 18971 - 18873
Resistance: 19193 - 19291 - 19352

Bank Nifty Future VWAP: 19180.31
Bank Nifty Future VIX Range: 18943 - 19369
MP Values Bank Nifty Future: VAH - 19232, POC - 19185, VAL - 19138

Thanks and Regards

MarketPulse S&P