Market outlook for 11/09/2015

Nifty closed down 30.50 points (0.39%) at 7788.10 while Future closed at 7808.25, premium of 20.15 points.
Bank Nifty closed down 33.85 points (0.20%) at 16597.65 while Future closed at 16629.85, premium of 32.20 points.

• FII sold in Cash (Net sell 121.19 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 282.54 Crore)
• DII bought in Cash (Net buy 66.60 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7600 and 7500.
• Advance Decline for the day was 554:940.
• McClellan's oscillator for NSE at -10.

NIFTY TECHNICAL

Current Spot: 7788.10
Pivot: 7762
5DEMA: 7756
10DEMA: 7803
20DEMA: 7945
50DEMA: 8143
RSI (14 days): 40.89
Parabolic SAR: 7862
Supports: 7704 - 7621 - 7563
Resistance: 7846 - 7904 - 7987

Nifty Future VWAP: 7751.46
Nifty Future VIX Range: 7706 - 7957
MP Values Nifty Future: VAH - 7811, POC - 7768, VAL - 7725

BANKNIFTY TECHNICAL

Current Spot: 16597.65
Pivot: 16500
5DEMA: 16470
10DEMA: 16617
20DEMA: 17059
50DEMA: 17680
RSI (14 days): 40.76
Parabolic SAR: 16782
Supports: 16289 - 15981 - 15770
Resistance: 16809 - 17020 - 17328

Bank Nifty Future VWAP: 16411.38
Bank Nifty Future VIX Range: 16354 - 17086
MP Values Bank Nifty Future: VAH - 16506, POC - 16313, VAL - 16193

Thanks and Regards

MarketPulse S&P