Market outlook for 04/03/2016

Nifty closed up 106.75 points (1.45%) at 7475.60 while Future closed at 7449.55, discount of 26.05 points.
Bank Nifty closed up 85.30 points (0.57%) at 15177.75 while Future closed at 15148.35, discount of 29.40 points.

• FII bought in Cash (Net buy 911.98 Crore)
• FII bought in index future, index option and in stock future (Net buy 938.33 Crore)
• DII sold in Cash (Net sell 464.75 Crore)
• Most Active Nifty Call Option: 7500 and 7600.
• Most Active Nifty Put Options: 7300 and 7200.
• Advance Decline for the day was 1089:453.
• McClellan's oscillator for NSE at +67.

NIFTY TECHNICAL

Current Spot: 7475.60
Pivot: 7455
5DEMA: 7283
10DEMA: 7213
20DEMA: 7222
50DEMA: 7375
Parabolic SAR: 6863
RSI (14 days): 59.15
Supports: 7426 - 7377 - 7349
Resistance: 7504 - 7533 - 7582

Nifty Future VWAP: 7413.18
Nifty Future VIX Range: 7337 - 7559
MP Values Nifty Future: VAH - 7427, POC - 7399, VAL - 7371

BANKNIFTY TECHNICAL

Current Spot: 15177.75
Pivot: 15128
5DEMA: 14665
10DEMA: 14448
20DEMA: 14506
50DEMA: 15109
Parabolic SAR: 13580
RSI (14 days): 58.38
Supports: 15050 - 14922 - 14844
Resistance: 15256 - 15334 - 15462

Bank Nifty Future VWAP: 15089.58
Bank Nifty Future VIX Range: 14836 - 15444
MP Values Bank Nifty Future: VAH - 15148, POC - 15090, VAL - 15032

Thanks and Regards

MarketPulse S&P