Market outlook for 12/10/2015

Nifty closed up 60.35 points (0.74%) at 8189.70 while Future closed at 8205.35, premium of 15.65 points.
Bank Nifty closed up 115.95 points (0.66%) at 17590.25 while Future closed at 17644.90, premium of 54.65 points.

• FII bought in Cash (Net buy 483.86 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 946.05 Crore)
• DII sold in Cash (Net sell 369.00 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 822:698.
• McClellan's oscillator for NSE at +47.

NIFTY TECHNICAL

Current Spot: 8189.70
Pivot: 8187
5DEMA: 8128
10DEMA: 8058
20DEMA: 8001
50DEMA: 8065
RSI (14 days): 60.46
Parabolic SAR: 7788
Supports: 8142 - 8095 - 8050
Resistance: 8235 - 8280 - 8327

Nifty Future VWAP: 8207.00
Nifty Future VIX Range: 8097 - 8293
MP Values Nifty Future: VAH - 8224, POC - 8194, VAL - 8164

BANKNIFTY TECHNICAL

Current Spot: 17590.25
Pivot: 17613
5DEMA: 17522
10DEMA: 17417
20DEMA: 17307
50DEMA: 17518
RSI (14 days): 55.16
Parabolic SAR: 17186
Supports: 17476 - 17362 - 17225
Resistance: 17727 - 17864 - 17978

Bank Nifty Future VWAP: 17684.44
Bank Nifty Future VIX Range: 17321 - 17907
MP Values Bank Nifty Future: VAH - 17727, POC - 17638, VAL - 17552

Thanks and Regards

MarketPulse S&P