Market outlook for 26/11/2015

Nifty closed down 17.65 points (0.22%) at 7831.60 while Future closed at 7832.25, premium of 0.65 points.
Bank Nifty closed down 71.60 points (0.42%) at 16988.65 while Future closed at 17006.05, premium of 17.40 points.

• FII sold in Cash (Net sell 540.12 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 312.03 Crore)
• DII bought in Cash (Net buy 532.13 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7800 and 7700.
• Advance Decline for the day was 847:678.
• McClellan's oscillator for NSE at +22.

NIFTY TECHNICAL

Current Spot: 7831.60
Pivot: 7838
5DEMA: 7834
10DEMA: 7852
20DEMA: 7910
50DEMA: 7949
Parabolic SAR: 7722
RSI (14 days): 41.74
Supports: 7806 - 7781 - 7748
Resistance: 7864 - 7996 - 7921

Nifty Future VWAP: 7846.89
Nifty Future VIX Range: 7763 - 7900
MP Values Nifty Future: VAH - 7869, POC - 7855, VAL - 7838

BANKNIFTY TECHNICAL

Current Spot: 16988.65
Pivot: 17021
5DEMA: 17023
10DEMA: 17049
20DEMA: 17137
50DEMA: 17175
Parabolic SAR: 16656
RSI (14 days): 44.46
Supports: 16933 - 16877 - 16789
Resistance: 17076 - 17164 - 17220

Bank Nifty Future VWAP: 17043.83
Bank Nifty Future VIX Range: 16822 - 17219
MP Values Bank Nifty Future: VAH - 17087, POC - 17051, VAL - 17015

Thanks and Regards

MarketPulse S&P