Market outlook for 06/10/2015

Nifty closed up 168.40 points (2.12%) at 8119.30 while Future closed at 8132.80, premium of 13.50 points.
Bank Nifty closed up 523.85 points (3.05%) at 17674.05 while Future closed at 17722.20, premium of 48.15 points.

• FII bought in Cash (Net buy 649.90 Crore)
• FII bought in index future, index option and in stock future (Net buy 2836.32 Crore)
• DII bought in Cash (Net buy 365.77 Crore)
• Most Active Nifty Call Option: 8100 and 8200.
• Most Active Nifty Put Options: 8000 and 7900.
• Advance Decline for the day was 1207:316.
• McClellan's oscillator for NSE at +55.

NIFTY TECHNICAL

Current Spot: 8119.30
Pivot: 8084
5DEMA: 7975
10DEMA: 7926
20DEMA: 7922
50DEMA: 8065
RSI (14 days): 58.25
Parabolic SAR: 7691
Supports: 8040 - 7961 - 7916
Resistance: 8164 - 8208 - 8288

Nifty Future VWAP: 8091.78
Nifty Future VIX Range: 8036 - 8254
MP Values Nifty Future: VAH - 8115, POC - 8077, VAL - 8039

BANKNIFTY TECHNICAL

Current Spot: 17674.05
Pivot: 17579
5DEMA: 17348
10DEMA: 17232
20DEMA: 17179
50DEMA: 17536
RSI (14 days): 56.92
Parabolic SAR: 16782
Supports: 17458 - 17242 - 17121
Resistance: 17795 - 17916 - 18132

Bank Nifty Future VWAP: 17605.31
Bank Nifty Future VIX Range: 17405 - 18065
MP Values Bank Nifty Future: VAH - 17733, POC - 17622, VAL - 17511

Thanks and Regards

MarketPulse S&P