Market outlook for 04/09/2015

Nifty closed up 106.00 points (1.37%) at 7823.00 while Future closed at 7842.55, premium of 19.55 points.
Bank Nifty closed up 302.70 points (1.86%) at 16555.40 while Future closed at 16565.90, premium of 10.50 points.

• FII sold in Cash (Net sell 394.31 Crore)
• FII bought in index future, stock future and in index option (Net buy 1035.34 Crore)
• DII bought in Cash (Net buy 840.35 Crore)
• Most Active Nifty Call Option: 8000 and 8200.
• Most Active Nifty Put Options: 7600 and 7500.
• Advance Decline for the day was 1099:406.
• McClellan's oscillator for NSE at -11.

NIFTY TECHNICAL

Current Spot: 7823.00
Pivot: 7808
5DEMA: 7841
10DEMA: 7940
20DEMA: 8095
50DEMA: 8240
RSI (14 days): 36.04
Parabolic SAR: 8130
Supports: 7770 - 7716 - 7678
Resistance: 7861 - 7899 - 7953

Nifty Future VWAP: 7819.97
Nifty Future VIX Range: 7718 - 7975
MP Values Nifty Future: VAH - 7843, POC - 7813, VAL - 7783

BANKNIFTY TECHNICAL

Current Spot: 16555.40
Pivot: 16494
5DEMA: 16689
10DEMA: 17041
20DEMA: 17529
50DEMA: 17981
RSI (14 days): 33.60
Parabolic SAR: 17641
Supports: 16382 - 16208 - 16095
Resistance: 16668 - 16781 - 16955

Bank Nifty Future VWAP: 16516.69
Bank Nifty Future VIX Range: 16211 - 16933
MP Values Bank Nifty Future: VAH - 16577, POC - 16494, VAL - 16411

Thanks and Regards

MarketPulse S&P