Market outlook for 31/08/2015

Nifty closed up 53.00 points (0.67%) at 8001.95 while Future closed at 8022.70, premium of 20.75 points.
Bank Nifty closed down 2.45 points (0.01%) at 17211.95 while Future closed at 17273.05, premium of 61.10 points.

• FII bought in Cash (Net buy 56.41 Crore)
• FII bought in index future, index option and in stock future (Net buy 5962.27 Crore)
• DII bought in Cash (Net buy 847.43 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 768:737.
• McClellan's oscillator for NSE at -15.

NIFTY TECHNICAL

Current Spot: 8001.95
Pivot: 8018
5DEMA: 7986
10DEMA: 8097
20DEMA: 8232
50DEMA: 8328
RSI (14 days): 38.20
Parabolic SAR: 8313
Supports: 7945 - 7888 - 7815
Resistance: 8075 - 8149 - 8205

Nifty Future VWAP: 8054.87
Nifty Future VIX Range: 7880 - 8149
MP Values Nifty Future: VAH - 8077, POC - 8031, VAL - 7985

BANKNIFTY TECHNICAL

Current Spot: 17211.95
Pivot: 17294
5DEMA: 17295
10DEMA: 17615
20DEMA: 17989
50DEMA: 18277
RSI (14 days): 36.46
Parabolic SAR: 18281
Supports: 17018 - 16824 - 16548
Resistance: 17488 - 17764 - 17958

Bank Nifty Future VWAP: 17429.42
Bank Nifty Future VIX Range: 16878 - 17622
MP Values Bank Nifty Future: VAH - 17656, POC - 17566, VAL - 17336

Thanks and Regards

MarketPulse S&P