Market outlook for 10/08/2015

Nifty closed down 24.05 points (0.28%) at 8564.60 while Future closed at 8594.10, premium of 29.50 points.
Bank Nifty closed down 135.80 points (0.71%) at 18893.55 while Future closed at 18979.90, premium of 86.35 points.

• FII sold in Cash (Net sell 93.74 Crore)
• FII sold in stock future but bought in index future, index option (Net sell 158.39 Crore)
• DII bought in Cash (Net buy 34.08 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 655:862.
• McClellan's oscillator for NSE at +14.

NIFTY TECHNICAL

Current Spot: 8564.60
Pivot: 8571
5DEMA: 8550
10DEMA: 8526
20DEMA: 8496
50DEMA: 8414
RSI (14 days): 56.99
Parabolic SAR: 8339
Supports: 8546 - 8528 - 8503
Resistance: 8589 - 8614 - 8633

Nifty Future VWAP: 8597.31
Nifty Future VIX Range: 8528 - 8670
MP Values Nifty Future: VAH - 8609, POC - 8599, VAL - 8589

BANKNIFTY TECHNICAL

Current Spot: 18893.55
Pivot: 18921
5DEMA: 18891
10DEMA: 18815
20DEMA: 18733
50DEMA: 18508
RSI (14 days): 55.71
Parabolic SAR: 18405
Supports: 18822 - 18750 - 18651
Resistance: 18992 - 19091 - 19163

Bank Nifty Future VWAP: 18996.19
Bank Nifty Future VIX Range: 18794 - 19206
MP Values Bank Nifty Future: VAH - 19035, POC - 18992, VAL - 18949

Thanks and Regards

MarketPulse S&P