Market outlook for 12/08/2015

Nifty closed down 63.25 points (0.74%) at 8462.35 while Future closed at 8490.80, premium of 28.45 points.
Bank Nifty closed down 258.10 points (1.37%) at 18616.90 while Future closed at 18687.05, premium of 70.15 points.

• FII sold in Cash (Net sell 736.81 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 277.54 Crore)
• DII bought in Cash (Net buy 130.74 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 389:1133.
• McClellan's oscillator for NSE at -21.

NIFTY TECHNICAL

Current Spot: 8462.35
Pivot: 8487
5DEMA: 8515
10DEMA: 8515
20DEMA: 8496
50DEMA: 8429
RSI (14 days): 48.81
Parabolic SAR: 8366
Supports: 8417 - 8372 - 8302
Resistance: 8532 - 8602 - 8647

Nifty Future VWAP: 8503.84
Nifty Future VIX Range: 8426 - 8562
MP Values Nifty Future: VAH - 8521, POC - 8497, VAL - 8473

BANKNIFTY TECHNICAL

Current Spot: 18616.90
Pivot: 18697
5DEMA: 18796
10DEMA: 18788
20DEMA: 18734
50DEMA: 18554
RSI (14 days): 48.23
Parabolic SAR: 18513
Supports: 18475 - 18334 - 18112
Resistance: 18838 - 19060 - 19202

Bank Nifty Future VWAP: 18812.17
Bank Nifty Future VIX Range: 18497 - 18901
MP Values Bank Nifty Future: VAH - 18980, POC - 18912, VAL - 18748

Thanks and Regards

MarketPulse S&P