Market outlook for 14/01/2016

Nifty closed up 52.10 points (0.69%) at 7562.40 while Future closed at 7574.55, premium of 12.15 points.
Bank Nifty closed up 137.05 points (0.87%) at 15871.85 while Future closed at 15879.75, premium of 7.90 points.

• FII sold in Cash (Net sell 75.90 Crore)
• FII bought in index future, stock future and in index option (Net buy 1374.32 Crore)
• DII bought in Cash (Net buy 618.79 Crore)
• Most Active Nifty Call Option: 7600 and 7700.
• Most Active Nifty Put Options: 7500 and 7400.
• Advance Decline for the day was 298:1293.
• McClellan's oscillator for NSE at -55.

NIFTY TECHNICAL

Current Spot: 7562.40
Pivot: 7526
5DEMA: 7588
10DEMA: 7658
20DEMA: 7725
50DEMA: 7825
Parabolic SAR: 7824
RSI (14 days): 37.09
Supports: 7462 - 7361 - 7297
Resistance: 7627 - 7692 - 7792

Nifty Future VWAP: 7528.33
Nifty Future VIX Range: 7502 - 7642
MP Values Nifty Future: VAH - 7548, POC - 7477, VAL - 7429

BANKNIFTY TECHNICAL

Current Spot: 15871.85
Pivot: 15787
5DEMA: 16003
10DEMA: 16223
20DEMA: 16455
50DEMA: 16784
Parabolic SAR: 16777
RSI (14 days): 32.24
Supports: 15617 - 15363 - 15193
Resistance: 16041 - 16211 - 16465

Bank Nifty Future VWAP: 15769.63
Bank Nifty Future VIX Range: 15675 - 16033
MP Values Bank Nifty Future: VAH - 15971, POC - 15853, VAL - 15677

Thanks and Regards

MarketPulse S&P