Market outlook for 02/11/2015

Nifty closed down 45.95 points (0.57%) at 8065.80 while Future closed at 8094.70, premium of 28.90 points.
Bank Nifty closed up 142.30 points (0.83%) at 17354.50 while Future closed at 17416.90, premium of 62.40 points.

• FII sold huge in Cash (Net sell 1464.89 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 2631.41 Crore)
• DII bought huge in Cash (Net buy 1560.11 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 485:1034.
• McClellan's oscillator for NSE at -43.

NIFTY TECHNICAL

Current Spot: 8065.80
Pivot: 8085
5DEMA: 8146
10DEMA: 8170
20DEMA: 8143
50DEMA: 8122
RSI (14 days): 45.58
Parabolic SAR: 8320
Supports: 8025 - 7984 - 7923
Resistance: 8126 - 8187 - 8228

Nifty Future VWAP: 8129.25
Nifty Future VIX Range: 8013 - 8155
MP Values Nifty Future: VAH - 8178, POC - 8139, VAL - 8100

BANKNIFTY TECHNICAL

Current Spot: 17354.50
Pivot: 17308
5DEMA: 17461
10DEMA: 17554
20DEMA: 17540
50DEMA: 17558
RSI (14 days): 46.19
Parabolic SAR: 17978
Supports: 17217 - 17079 - 16988
Resistance: 17446 - 17537 - 17674

Bank Nifty Future VWAP: 17390.96
Bank Nifty Future VIX Range: 17176 - 17648
MP Values Bank Nifty Future: VAH - 17452, POC - 17393, VAL - 17334

Thanks and Regards

MarketPulse S&P