Market outlook for 22/02/2016

Nifty closed up 19.00 points (0.26%) at 7210.75 while Future closed at 7212.45, premium of 1.70 points.
Bank Nifty closed up 46.05 points (0.32%) at 14344.20 while Future closed at 14358.90, premium of 14.70 points.

• FII sold in Cash (Net sell 191.73 Crore)
• FII bought in index future, stock future but sold in index option (Net buy 263.89 Crore)
• DII bought in Cash (Net buy 16.53 Crore)
• Most Active Nifty Call Option: 7200 and 7300.
• Most Active Nifty Put Options: 7200 and 7100.
• Advance Decline for the day was 834:702.
• McClellan's oscillator for NSE at -13.

NIFTY TECHNICAL

Current Spot: 7210.75
Pivot: 7195
5DEMA: 7162
10DEMA: 7189
20DEMA: 7277
50DEMA: 7464
Parabolic SAR: 7301
RSI (14 days): 44.11
Supports: 7162 - 7114 - 7081
Resistance: 7243 - 7275 - 7324

Nifty Future VWAP: 7195.35
Nifty Future VIX Range: 7109 - 7301
MP Values Nifty Future: VAH - 7215, POC - 7190, VAL - 7165

BANKNIFTY TECHNICAL

Current Spot: 14344.20
Pivot: 14316
5DEMA: 14295
10DEMA: 14425
20DEMA: 14748
50DEMA: 15470
Parabolic SAR: 14553
RSI (14 days): 38.15
Supports: 14236 - 14127 - 14047
Resistance: 14424 - 14504 - 14613

Bank Nifty Future VWAP: 14311.99
Bank Nifty Future VIX Range: 14098 - 14573
MP Values Bank Nifty Future: VAH - 14344, POC - 14283, VAL - 14222

Thanks and Regards

MarketPulse S&P