Market outlook for 09/12/2015

Nifty closed down 63.70 points (0.82%) at 7701.70 while Future closed at 7728.60, premium of 26.90 points.
Bank Nifty closed down 145.85 points (0.86%) at 16801.15 while Future closed at 16860.40, premium of 59.25 points.

• FII sold in Cash (Net sell 518.46 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 264.09 Crore)
• DII bought in Cash (Net buy 590.32 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7800 and 7700.
• Advance Decline for the day was 362:1189.
• McClellan's oscillator for NSE at -27.

NIFTY TECHNICAL

Current Spot: 7701.70
Pivot: 7719
5DEMA: 7787
10DEMA: 7828
20DEMA: 7870
50DEMA: 7910
Parabolic SAR: 7963
RSI (14 days): 34.37
Supports: 7668 - 7634 - 7582
Resistance: 7753 - 7805 - 7839

Nifty Future VWAP: 7763.26
Nifty Future VIX Range: 7653 - 7775
MP Values Nifty Future: VAH - 7803, POC - 7776, VAL - 7740

BANKNIFTY TECHNICAL

Current Spot: 16801.15
Pivot: 16843
5DEMA: 16970
10DEMA: 17048
20DEMA: 17110
50DEMA: 17121
Parabolic SAR: 17498
RSI (14 days): 40.44
Supports: 16742 - 16683 - 16583
Resistance: 16902 - 1702 - 17061

Bank Nifty Future VWAP: 16919.78
Bank Nifty Future VIX Range: 16685 - 17047
MP Values Bank Nifty Future: VAH - 16953, POC - 16897, VAL - 16841

Thanks and Regards

MarketPulse S&P