Market outlook for 10/09/2015

Nifty closed up 130.35 points (1.70%) at 7818.60 while Future closed at 7826.70, premium of 8.10 points.
Bank Nifty closed up 280.55 points (1.72%) at 16631.50 while Future closed at 16633.20, premium of 1.70 points.

• FII sold in Cash (Net sell 452.13 Crore)
• FII bought in index future, stock future and in index option (Net buy 2032.85 Crore)
• DII bought huge in Cash (Net buy 1194.58 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7700 and 7600.
• Advance Decline for the day was 1245:284.
• McClellan's oscillator for NSE at 00.

NIFTY TECHNICAL

Current Spot: 7818.60
Pivot: 7810
5DEMA: 7739
10DEMA: 7806
20DEMA: 7961
50DEMA: 8150
RSI (14 days): 41.90
Parabolic SAR: 7915
Supports: 7773 - 7728 - 7692
Resistance: 7855 - 7891 - 7936

Nifty Future VWAP: 7824.06
Nifty Future VIX Range: 7688 - 7946
MP Values Nifty Future: VAH - 7837, POC - 7817, VAL - 7797

BANKNIFTY TECHNICAL

Current Spot: 16631.50
Pivot: 16625
5DEMA: 16406
10DEMA: 16621
20DEMA: 17108
50DEMA: 17708
RSI (14 days): 41.15
Parabolic SAR: 16782
Supports: 16469 - 16306 - 16150
Resistance: 16788 - 16944 - 17107

Bank Nifty Future VWAP: 16648.21
Bank Nifty Future VIX Range: 16230 - 16980
MP Values Bank Nifty Future: VAH - 16720, POC - 16652, VAL - 16584

Thanks and Regards

MarketPulse S&P