Market outlook for 20/10/2015

Nifty closed up 36.90 points (0.45%) at 8275.05 while Future closed at 8270.75, discount of 4.30 points.
Bank Nifty closed down 57.80 points (0.32%) at 17855.05 while Future closed at 17881.40, premium of 26.35 points.

• FII bought in Cash (Net buy 898.23 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 351.53 Crore)
• DII sold in Cash (Net sell 246.26 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 858:658.
• McClellan's oscillator for NSE at +34.

NIFTY TECHNICAL

Current Spot: 8275.05
Pivot: 8266
5DEMA: 8208
10DEMA: 8156
20DEMA: 8086
50DEMA: 8109
RSI (14 days): 63.00
Parabolic SAR: 8038
Supports: 8248 - 8222 - 8205
Resistance: 8292 - 8310 - 8336

Nifty Future VWAP: 8261.95
Nifty Future VIX Range: 8188 - 8361
MP Values Nifty Future: VAH - 8276, POC - 8264, VAL - 8252

BANKNIFTY TECHNICAL

Current Spot: 17855.05
Pivot: 17876
5DEMA: 17751
10DEMA: 17638
20DEMA: 17490
50DEMA: 17591
RSI (14 days): 59.26
Parabolic SAR: 17560
Supports: 17797 - 17739 - 17660
Resistance: 17934 - 18013 - 18071

Bank Nifty Future VWAP: 17905.83
Bank Nifty Future VIX Range: 17612 - 18128
MP Values Bank Nifty Future: VAH - 17939, POC - 17905, VAL - 17871

Thanks and Regards

MarketPulse S&P