Market outlook for 09/09/2015

Nifty closed up 129.45 points (1.71%) at 7688.25 while Future closed at 7719.40, premium of 31.15 points.
Bank Nifty closed up 560.85 points (3.55%) at 16350.95 while Future closed at 16403.25, premium of 52.30 points.

• FII sold in Cash (Net sell 659.67 Crore)
• FII sold in stock future, index option but bought in index future (Net sell 1129.22 Crore)
• DII bought in Cash (Net buy 447.41 Crore)
• Most Active Nifty Call Option: 7800 and 8000.
• Most Active Nifty Put Options: 7500 and 7400.
• Advance Decline for the day was 912:584.
• McClellan's oscillator for NSE at -41.

NIFTY TECHNICAL

Current Spot: 7688.25
Pivot: 7650
5DEMA: 7700
10DEMA: 7803
20DEMA: 7976
50DEMA: 8165
RSI (14 days): 36.04
Parabolic SAR: 7976
Supports: 7578 - 7468 - 7397
Resistance: 7760 - 7831 - 7941

Nifty Future VWAP: 7654.26
Nifty Future VIX Range: 7606 - 7864
MP Values Nifty Future: VAH - 7672, POC - 7611, VAL - 7561

BANKNIFTY TECHNICAL

Current Spot: 16350.95
Pivot: 16197
5DEMA: 16294
10DEMA: 16618
20DEMA: 17158
50DEMA: 17748
RSI (14 days): 37.03
Parabolic SAR: 16971
Supports: 15974 - 15597 - 15375
Resistance: 16573 - 16796 - 17173

Bank Nifty Future VWAP: 16197.47
Bank Nifty Future VIX Range: 16036 - 16792
MP Values Bank Nifty Future: VAH - 16317, POC - 16051, VAL - 15839

Thanks and Regards

MarketPulse S&P