Market outlook for 11/02/2016

Nifty closed down 82.50 points (1.13%) at 7215.70 while Future closed at 7246.55, premium of 30.85 points.
Bank Nifty closed down 286.65 points (1.93%) at 14588.45 while Future closed at 14643.25, premium of 54.80 points.

• FII sold in Cash (Net sell 751.33 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1285.59 Crore)
• DII bought in Cash (Net buy 196.92 Crore)
• Most Active Nifty Call Option: 7400 and 7500.
• Most Active Nifty Put Options: 7200 and 7100.
• Advance Decline for the day was 297:1277.
• McClellan's oscillator for NSE at -55.

NIFTY TECHNICAL

Current Spot: 7215.70
Pivot: 7222
5DEMA: 7329
10DEMA: 7379
20DEMA: 7444
50DEMA: 7574
Parabolic SAR: 7592
RSI (14 days): 35.34
Supports: 7172 - 7128 - 7078
Resistance: 7266 - 7316 - 7360

Nifty Future VWAP: 7251.31
Nifty Future VIX Range: 7174 - 7330
MP Values Nifty Future: VAH - 7273, POC - 7252, VAL - 7231

BANKNIFTY TECHNICAL

Current Spot: 14588.45
Pivot: 14619
5DEMA: 14868
10DEMA: 15022
20DEMA: 15290
50DEMA: 15858
Parabolic SAR: 15496
RSI (14 days): 32.21
Supports: 14459 - 14330 - 14170
Resistance: 14748 - 14908 - 15037

Bank Nifty Future VWAP: 14677.88
Bank Nifty Future VIX Range: 14448 - 14854
MP Values Bank Nifty Future: VAH - 14733, POC - 14667, VAL - 14601

Thanks and Regards

MarketPulse S&P