Market outlook for 27/10/2015

Nifty closed down 34.90 points (0.42%) at 8260.55 while Future closed at 8263.60, premium of 3.05 points.
Bank Nifty closed down 119.00 points (0.66%) at 17815.05 while Future closed at 17818.75, premium of 3.70 points.

• FII bought in Cash (Net buy 724.51 Crore)
• FII bought in index future but sold in index option, stock future (Net buy 102.98 Crore)
• DII sold in Cash (Net sell 530.78 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 504:1026.
• McClellan's oscillator for NSE at -09.

NIFTY TECHNICAL

Current Spot: 8260.55
Pivot: 8283
5DEMA: 8257
10DEMA: 8218
20DEMA: 8145
50DEMA: 8113
RSI (14 days): 60.83
Parabolic SAR: 8195
Supports: 8230 - 8199 - 8145
Resistance: 8314 - 8367 - 8398

Nifty Future VWAP: 8287.85
Nifty Future VIX Range: 8183 - 8338
MP Values Nifty Future: VAH - 8324, POC - 8311, VAL - 8298

BANKNIFTY TECHNICAL

Current Spot: 17815.05
Pivot: 17881
5DEMA: 17815
10DEMA: 17742
20DEMA: 17599
50DEMA: 17560
RSI (14 days): 57.01
Parabolic SAR: 17575
Supports: 17733 - 17651 - 17502
Resistance: 17963 - 18111 - 18194

Bank Nifty Future VWAP: 17866.08
Bank Nifty Future VIX Range: 17574 - 18046
MP Values Bank Nifty Future: VAH - 17941, POC - 17911, VAL - 17881

Thanks and Regards

MarketPulse S&P