Market outlook for 18/08/2015

Nifty closed down 41.25 points (0.48%) at 8477.30 while Future closed at 8488.05, premium of 10.75 points.
Bank Nifty closed up 98.45 points (0.53%) at 18822.05 while Future closed at 18842.25, premium of 20.20 points.

• FII bought in Cash (Net buy 142.34 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 91.44 Crore)
• DII bought in Cash (Net buy 183.72 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 772:750.
• McClellan's oscillator for NSE at -30.

NIFTY TECHNICAL

Current Spot: 8477.30
Pivot: 8479
5DEMA: 8463
10DEMA: 8473
20DEMA: 8475
50DEMA: 8434
RSI (14 days): 50.67
Parabolic SAR: 8605
Supports: 8427 - 8376 - 8324
Resistance: 8529 - 8581 - 8632

Nifty Future VWAP: 8483.18
Nifty Future VIX Range: 8407 - 8563
MP Values Nifty Future: VAH - 8514, POC - 8482, VAL - 8450

BANKNIFTY TECHNICAL

Current Spot: 18822.05
Pivot: 18766
5DEMA: 18624
10DEMA: 18637
20DEMA: 18651
50DEMA: 18558
RSI (14 days): 53.70
Parabolic SAR: 19041
Supports: 18636 - 18451 - 18321
Resistance: 18952 - 19082 - 19268

Bank Nifty Future VWAP: 18813.93
Bank Nifty Future VIX Range: 18567 - 19083
MP Values Bank Nifty Future: VAH - 18897, POC - 18823, VAL - 18749

Thanks and Regards

MarketPulse S&P