Market outlook for 17/11/2015

Nifty closed up 44.35 points (0.57%) at 7806.60 while Future closed at 7827.25, premium of 20.65 points.
Bank Nifty closed up 252.05 points (1.49%) at 17184.90 while Future closed at 17214.60, premium of 29.70 points.

• FII sold huge in Cash (Net sell 1051.26 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 417.80 Crore)
• DII bought in Cash (Net buy 661.71 Crore)
• Most Active Nifty Call Option: 7800 and 8000.
• Most Active Nifty Put Options: 7800 and 7700.
• Advance Decline for the day was 828:707.
• McClellan's oscillator for NSE at -18.

NIFTY TECHNICAL

Current Spot: 7806.60
Pivot: 7787
5DEMA: 7831
10DEMA: 7903
20DEMA: 7981
50DEMA: 8053
Parabolic SAR: 7958
RSI (14 days): 34.09
Supports: 7734 - 7662 - 7610
Resistance: 7859 - 7911 - 7984

Nifty Future VWAP: 7797.83
Nifty Future VIX Range: 7761 - 7891
MP Values Nifty Future: VAH - 7842, POC - 7798, VAL - 7754

BANKNIFTY TECHNICAL

Current Spot: 17184.90
Pivot: 17090
5DEMA: 17047
10DEMA: 17114
20DEMA: 17238
50DEMA: 17425
Parabolic SAR: 17231
RSI (14 days): 46.37
Supports: 16950 - 16715 - 16575
Resistance: 17325 - 17465 - 17700

Bank Nifty Future VWAP: 17147.83
Bank Nifty Future VIX Range: 17011 - 17407
MP Values Bank Nifty Future: VAH - 17278, POC - 17197, VAL - 17063

Thanks and Regards

MarketPulse S&P