Market outlook for 31/12/2015

Nifty closed down 32.70 points (0.41%) at 7896.25 while Future closed at 7901.90, premium of 5.65 points.
Bank Nifty closed down 73.55 points (0.43%) at 16917.90 while Future closed at 16913.70, discount of 4.20 points.

• FII bought in Cash (Net buy 152.20 Crore)
• FII sold in index option, stock future but bought in index future (Net sell 231.15 Crore)
• DII sold in Cash (Net sell 74.41 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 732:810.
• McClellan's oscillator for NSE at +22.

NIFTY TECHNICAL

Current Spot: 7896.25
Pivot: 7910
5DEMA: 7887
10DEMA: 7852
20DEMA: 7833
50DEMA: 7876
Parabolic SAR: 7666
RSI (14 days): 54.71
Supports: 7876 - 7855 - 7821
Resistance: 7931 - 7965 - 7986

Nifty Future VWAP: 7919.47
Nifty Future VIX Range: 7844 - 7966
MP Values Nifty Future: VAH - 7937, POC - 7927, VAL - 7909

BANKNIFTY TECHNICAL

Current Spot: 16917.90
Pivot: 16939
5DEMA: 16902
10DEMA: 16843
20DEMA: 16848
50DEMA: 16995
Parabolic SAR: 16313
RSI (14 days): 51.36
Supports: 16868 - 16817 - 16745
Resistance: 16990 - 17062 - 17112

Bank Nifty Future VWAP: 16945.82
Bank Nifty Future VIX Range: 16774 - 17093
MP Values Bank Nifty Future: VAH - 17003, POC - 16962, VAL - 16921

Thanks and Regards

MarketPulse S&P