Market outlook for 04/12/2015

Nifty closed down 67.20 points (0.85%) at 7864.15 while Future closed at 7890.80, premium of 26.65 points.
Bank Nifty closed down 108.40 points (0.63%) at 17110.10 while Future closed at 17171.85, premium of 61.75 points.

• FII sold in Cash (Net sell 611.43 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 103.90 Crore)
• DII bought in Cash (Net buy 521.11 Crore)
• Most Active Nifty Call Option: 8000 and 8100.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 570:969.
• McClellan's oscillator for NSE at +17.

NIFTY TECHNICAL

Current Spot: 7864.15
Pivot: 7877
5DEMA: 7903
10DEMA: 7896
20DEMA: 7914
50DEMA: 7943
Parabolic SAR: 7792
RSI (14 days): 44.46
Supports: 7841 - 7818 - 7782
Resistance: 7900 - 7936 - 7959

Nifty Future VWAP: 7914.87
Nifty Future VIX Range: 7828 - 7953
MP Values Nifty Future: VAH - 7934, POC - 7917, VAL - 7900

BANKNIFTY TECHNICAL

Current Spot: 17110.10
Pivot: 17136
5DEMA: 17215
10DEMA: 17191
20DEMA: 17191
50DEMA: 17168
Parabolic SAR: 16849
RSI (14 days): 47.52
Supports: 17054 - 16998 - 16915
Resistance: 17193 - 17275 - 17331

Bank Nifty Future VWAP: 17218.65
Bank Nifty Future VIX Range: 16980 - 17360
MP Values Bank Nifty Future: VAH - 17268, POC - 17224, VAL - 17180

Thanks and Regards

MarketPulse S&P