Market outlook for 03/09/2015

Nifty closed down 68.85 points (0.88%) at 7717.00 while Future closed at 7742.15, premium of 25.15 points.
Bank Nifty closed down 277.60 points (1.68%) at 16252.70 while Future closed at 16282.10, premium of 29.40 points.

• FII sold Huge in Cash (Net sell 1573.42 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1442.82 Crore)
• DII bought in Cash (Net buy 880.27 Crore)
• Most Active Nifty Call Option: 8000 and 8200.
• Most Active Nifty Put Options: 7500 and 7400.
• Advance Decline for the day was 687:821.
• McClellan's oscillator for NSE at -42.

NIFTY TECHNICAL

Current Spot: 7717.00
Pivot: 7760
5DEMA: 7850
10DEMA: 7966
20DEMA: 8124
50DEMA: 8264
RSI (14 days): 30.25
Parabolic SAR: 8170
Supports: 7657 - 7596 - 7493
Resistance: 7820 - 7923 - 7983

Nifty Future VWAP: 7791.67
Nifty Future VIX Range: 7624 - 7880
MP Values Nifty Future: VAH - 7863, POC - 7823, VAL - 7777

BANKNIFTY TECHNICAL

Current Spot: 16252.70
Pivot: 16395
5DEMA: 16756
10DEMA: 17149
20DEMA: 17632
50DEMA: 18057
RSI (14 days): 27.84
Parabolic SAR: 17835
Supports: 16076 - 15899 - 15580
Resistance: 16572 - 16891 - 17068

Bank Nifty Future VWAP: 16428.43
Bank Nifty Future VIX Range: 15930 - 16648
MP Values Bank Nifty Future: VAH - 16531, POC - 16330, VAL - 16233

Thanks and Regards

MarketPulse S&P