Market outlook for 27/01/2016

Nifty closed up 13.70 points (0.18%) at 7436.15 while Future closed at 7435.45, discount of 0.70 points.
Bank Nifty closed up 63.60 points (0.41%) at 15561.15 while Future closed at 15516.20, discount of 44.95 points.

• FII sold in Cash (Net sell 91.15 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 350.45 Crore)
• DII bought in Cash (Net buy 307.89 Crore)
• Most Active Nifty Call Option: 7500 and 7600.
• Most Active Nifty Put Options: 7400 and 7300.
• Advance Decline for the day was 1059:517.
• McClellan's oscillator for NSE at -11.

NIFTY TECHNICAL

Current Spot: 7436.15
Pivot: 7448
5DEMA: 7401
10DEMA: 7446
20DEMA: 7543
50DEMA: 7716
Parabolic SAR: 7242
RSI (14 days): 40.43
Supports: 7409 - 7382 - 7343
Resistance: 7475 - 7514 - 7541

Nifty Future VWAP: 7451.23
Nifty Future VIX Range: 7357 - 7513
MP Values Nifty Future: VAH - 7473, POC - 7453, VAL - 7433

BANKNIFTY TECHNICAL

Current Spot: 15561.15
Pivot: 15580
5DEMA: 15382
10DEMA: 15489
20DEMA: 15811
50DEMA: 16388
Parabolic SAR: 14773
RSI (14 days): 41.32
Supports: 15477 - 15392 - 15289
Resistance: 15664 - 15767 - 15852

Bank Nifty Future VWAP: 15449.84
Bank Nifty Future VIX Range: 15291 - 15735
MP Values Bank Nifty Future: VAH - 15607, POC - 15552, VAL - 15497

Thanks and Regards

MarketPulse S&P