Market outlook for 05/08/2015

Nifty closed down 26.15 points (0.31%) at 8516.90 while Future closed at 8547.55, premium of 30.65 points.
Bank Nifty closed up 57.90 points (0.31%) at 18972.60 while Future closed at 19059.40, premium of 86.80 points.

• FII bought in Cash (Net buy 118.70 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 1207.63 Crore)
• DII sold in Cash (Net sell 112.55 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 826:677.
• McClellan's oscillator for NSE at +28.

NIFTY TECHNICAL

Current Spot: 8516.90
Pivot: 8510
5DEMA: 8497
10DEMA: 8487
20DEMA: 8470
50DEMA: 8403
RSI (14 days): 54.52
Parabolic SAR: 8588
Supports: 8455 - 8393 - 8338
Resistance: 8572 - 8627 - 8689

Nifty Future VWAP: 8523.09
Nifty Future VIX Range: 8468 - 8620
MP Values Nifty Future: VAH - 8551, POC - 8524, VAL - 8497

BANKNIFTY TECHNICAL

Current Spot: 18972.60
Pivot: 18933
5DEMA: 18767
10DEMA: 18705
20DEMA: 18658
50DEMA: 18503
RSI (14 days): 58.22
Parabolic SAR: 18226
Supports: 18799 - 18625 - 18490
Resistance: 19107 - 19241 - 19415

Bank Nifty Future VWAP: 18964.93
Bank Nifty Future VIX Range: 18856 - 19304
MP Values Bank Nifty Future: VAH - 19038, POC - 18945, VAL - 18852

Thanks and Regards

MarketPulse S&P