Market outlook for 18/02/2016

Nifty closed up 60.20 points (0.85%) at 7108.45 while Future closed at 7120.90, premium of 12.45 points.
Bank Nifty closed down 46.60 points (0.33%) at 14119.85 while Future closed at 14163.95, premium of 44.10 points.

• FII sold in Cash (Net sell 560.00 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 471.59 Crore)
• DII bought in Cash (Net buy 384.53 Crore)
• Most Active Nifty Call Option: 7200 and 7100.
• Most Active Nifty Put Options: 7000 and 6900.
• Advance Decline for the day was 696:857.
• McClellan's oscillator for NSE at -50.

NIFTY TECHNICAL

Current Spot: 7108.45
Pivot: 7064
5DEMA: 7111
10DEMA: 7182
20DEMA: 7293
50DEMA: 7485
Parabolic SAR: 7380
RSI (14 days): 38.87
Supports: 7005 - 6901 - 6842
Resistance: 7168 - 7227 - 7331

Nifty Future VWAP: 7048.24
Nifty Future VIX Range: 7031 - 7233
MP Values Nifty Future: VAH - 7084, POC - 7039, VAL - 6994

BANKNIFTY TECHNICAL

Current Spot: 14119.85
Pivot: 14066
5DEMA: 14256
10DEMA: 14475
20DEMA: 14843
50DEMA: 15570
Parabolic SAR: 14769
RSI (14 days): 33.10
Supports: 13946 - 13772 - 13652
Resistance: 14240 - 14360 - 14534

Bank Nifty Future VWAP: 14044.41
Bank Nifty Future VIX Range: 13955 - 14465
MP Values Bank Nifty Future: VAH - 14106, POC - 14028, VAL - 13950

Thanks and Regards

MarketPulse S&P