Market outlook for 03/12/2015

Nifty closed down 23.55 points (0.30%) at 7931.35 while Future closed at 7962.90, premium of 31.55 points.
Bank Nifty closed down 180.05 points (1.03%) at 17218.50 while Future closed at 17281.50, premium of 63.00 points.

• FII bought in Cash (Net buy 60.62 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 482.64 Crore)
• DII sold in Cash (Net buy 78.31 Crore)
• Most Active Nifty Call Option: 8000 and 8100.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 761:774.
• McClellan's oscillator for NSE at +34.

NIFTY TECHNICAL

Current Spot: 7931.35
Pivot: 7940
5DEMA: 7922
10DEMA: 7903
20DEMA: 7918
50DEMA: 7936
Parabolic SAR: 7772
RSI (14 days): 50.18
Supports: 7902 - 7872 - 7833
Resistance: 7970 - 8009 - 8039

Nifty Future VWAP: 7964.94
Nifty Future VIX Range: 7897 - 8021
MP Values Nifty Future: VAH - 7987, POC - 7969, VAL - 7951

BANKNIFTY TECHNICAL

Current Spot: 17218.50
Pivot: 17284
5DEMA: 17267
10DEMA: 17209
20DEMA: 17198
50DEMA: 17142
Parabolic SAR: 16807
RSI (14 days): 50.82
Supports: 17098 - 16978 - 16791
Resistance: 17405 - 17591 - 17712

Bank Nifty Future VWAP: 17319.00
Bank Nifty Future VIX Range: 17088 - 17478
MP Values Bank Nifty Future: VAH - 17374, POC - 17307, VAL - 17240

Thanks and Regards

MarketPulse S&P