Market outlook for 01/09/2015

Nifty closed down 30.65 points (0.38%) at 7971.30 while Future closed at 8000.05, premium of 28.75 points.
Bank Nifty closed down 65.40 points (0.38%) at 17146.55 while Future closed at 17208.40, premium of 61.85 points.

• FII sold in Cash (Net sell 551.19 Crore)
• FII bought in index future, index option and in stock future (Net buy 2654.27 Crore)
• DII bought in Cash (Net buy 478.59 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8000 and 7800.
• Advance Decline for the day was 668:837.
• McClellan's oscillator for NSE at -16.

NIFTY TECHNICAL

Current Spot: 7971.30
Pivot: 7988
5DEMA: 7981
10DEMA: 8074
20DEMA: 8207
50DEMA: 8322
RSI (14 days): 37.11
Parabolic SAR: 8261
Supports: 7932 - 7892 - 7836
Resistance: 8027 - 8083 - 8123

Nifty Future VWAP: 8007.48
Nifty Future VIX Range: 7871 - 8131
MP Values Nifty Future: VAH - 8024, POC - 7991, VAL - 7968

BANKNIFTY TECHNICAL

Current Spot: 17146.55
Pivot: 17176
5DEMA: 17246
10DEMA: 17530
20DEMA: 17909
50DEMA: 18244
RSI (14 days): 35.67
Parabolic SAR: 18152
Supports: 16999 - 16852 - 16675
Resistance: 17324 - 17501 - 17648

Bank Nifty Future VWAP: 17262.03
Bank Nifty Future VIX Range: 16835 - 17555
MP Values Bank Nifty Future: VAH - 17317, POC - 17202, VAL - 17095

Thanks and Regards

MarketPulse S&P