Market outlook for 07/12/2015

Nifty closed down 82.25 points (1.05%) at 7781.90 while Future closed at 7820.50, premium of 38.60 points.
Bank Nifty closed down 212.80 points (1.24%) at 16897.30 while Future closed at 16984.80, premium of 87.50 points.

• FII sold huge in Cash (Net sell 1745.73 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 867.79 Crore)
• DII bought huge in Cash (Net buy 1069.01 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7800 and 7700.
• Advance Decline for the day was 532:996.
• McClellan's oscillator for NSE at +00.

NIFTY TECHNICAL

Current Spot: 7781.90
Pivot: 7793
5DEMA: 7863
10DEMA: 7876
20DEMA: 7901
50DEMA: 7921
Parabolic SAR: 7979
RSI (14 days): 39.31
Supports: 7765 - 7747 - 7719
Resistance: 7810 - 7839 - 7856

Nifty Future VWAP: 7831.04
Nifty Future VIX Range: 7767 - 7892
MP Values Nifty Future: VAH - 7840, POC - 7829, VAL - 7818

BANKNIFTY TECHNICAL

Current Spot: 16897.30
Pivot: 16929
5DEMA: 17109
10DEMA: 17138
20DEMA: 17162
50DEMA: 17119
Parabolic SAR: 16880
RSI (14 days): 42.56
Supports: 16849 - 16800 - 16720
Resistance: 16978 - 17058 - 17107

Bank Nifty Future VWAP: 16998.82
Bank Nifty Future VIX Range: 16828 - 17204
MP Values Bank Nifty Future: VAH - 17038, POC - 17006, VAL - 16974

Thanks and Regards

MarketPulse S&P