Market outlook for 22/09/2015

Nifty closed down 4.80 points (0.06%) at 7977.10 while Future closed at 7980.05, premium of 2.95 points.
Bank Nifty closed up 133.75 points (0.77%) at 17542.90 while Future closed at 17537.30, discount of 5.60 points.

• FII bought in Cash (Net buy 154.87 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 357.98 Crore)
• DII bought in Cash (Net buy 104.08 Crore)
• Most Active Nifty Call Option: 8000 and 8100.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 961:538.
• McClellan's oscillator for NSE at +45.

NIFTY TECHNICAL

Current Spot: 7977.10
Pivot: 7958
5DEMA: 7917
10DEMA: 7880
20DEMA: 7926
50DEMA: 8108
RSI (14 days): 49.97
Parabolic SAR: 7662
Supports: 7928 - 7878 - 7848
Resistance: 8007 - 8037 - 8087

Nifty Future VWAP: 7950.19
Nifty Future VIX Range: 7874 - 8098
MP Values Nifty Future: VAH - 7975, POC - 7955, VAL - 7935

BANKNIFTY TECHNICAL

Current Spot: 17409.15
Pivot: 17431
5DEMA: 17172
10DEMA: 16981
20DEMA: 17071
50DEMA: 17594
RSI (14 days): 54.81
Parabolic SAR: 15985
Supports: 17291 - 17039 - 16898
Resistance: 17683 - 17823 - 18076

Bank Nifty Future VWAP: 17428.70
Bank Nifty Future VIX Range: 17212 - 17914
MP Values Bank Nifty Future: VAH - 17574, POC - 17482, VAL - 17375

Thanks and Regards

MarketPulse S&P