Market outlook for 07/09/2015

Nifty closed down 167.95 points (2.15%) at 7655.05 while Future closed at 7664.35, premium of 9.30 points.
Bank Nifty closed down 426.30 points (2.57%) at 16129.10 while Future closed at 16145.85, premium of 16.75 points.

• FII sold huge in Cash (Net sell 1287.12 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 724.48 Crore)
• DII bought in Cash (Net buy 1128.70 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7600 and 7500.
• Advance Decline for the day was 213:1323.
• McClellan's oscillator for NSE at -43.

NIFTY TECHNICAL

Current Spot: 7655.05
Pivot: 7696
5DEMA: 7779
10DEMA: 7888
20DEMA: 8053
50DEMA: 8217
RSI (14 days): 31.65
Parabolic SAR: 8090
Supports: 7586 - 7518 - 7408
Resistance: 7764 - 7874 - 7942

Nifty Future VWAP: 7683.35
Nifty Future VIX Range: 7533 - 7791
MP Values Nifty Future: VAH - 7705, POC - 7674, VAL - 7643

BANKNIFTY TECHNICAL

Current Spot: 16129.10
Pivot: 16169
5DEMA: 16502
10DEMA: 16875
20DEMA: 17396
50DEMA: 17908
RSI (14 days): 30.04
Parabolic SAR: 17436
Supports: 15893 - 15658 - 15382
Resistance: 16404 - 16680 - 16916

Bank Nifty Future VWAP: 16102.11
Bank Nifty Future VIX Range: 15804 - 16516
MP Values Bank Nifty Future: VAH - 16222, POC - 16103, VAL - 15984

Thanks and Regards

MarketPulse S&P