Market outlook for 05/11/2015

Nifty closed down 20.50 points (0.25%) at 8040.20 while Future closed at 8070.05, premium of 29.85 points.
Bank Nifty closed down 104.55 points (0.60%) at 17221.05 while Future closed at 17288.90, premium of 67.85 points.

• FII bought in Cash (Net buy 33.16 Crore)
• FII sold in index future, stock future and in index option (Net sell 437.54 Crore)
• DII sold in Cash (Net sell 33.16 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 640:860.
• McClellan's oscillator for NSE at -37.

NIFTY TECHNICAL

Current Spot: 8040.20
Pivot: 8061
5DEMA: 8078
10DEMA: 8116
20DEMA: 8119
50DEMA: 8121
RSI (14 days): 43.67
Parabolic SAR: 8254
Supports: 8006 - 7972 - 7918
Resistance: 8095 - 8150 - 8184

Nifty Future VWAP: 8104.83
Nifty Future VIX Range: 7998 - 8128
MP Values Nifty Future: VAH - 8122, POC - 8094, VAL - 8066

BANKNIFTY TECHNICAL

Current Spot: 17221.05
Pivot: 17282
5DEMA: 17333
10DEMA: 17434
20DEMA: 17476
50DEMA: 17569
RSI (14 days): 42.66
Parabolic SAR: 17841
Supports: 17115 - 17009 - 16841
Resistance: 17388 - 17555 - 17662

Bank Nifty Future VWAP: 17388.34
Bank Nifty Future VIX Range: 17057 - 17487
MP Values Bank Nifty Future: VAH - 17444, POC - 17366, VAL - 17288

Thanks and Regards

MarketPulse S&P