Market outlook for 15/03/2016

Nifty closed up 28.55 points (0.38%) at 7538.75 while Future closed at 7546.85, premium of 8.10 points.
Bank Nifty closed up 109.60 points (0.72%) at 15277.80 while Future closed at 15335.55, premium of 57.75 points.

• FII bought huge in Cash (Net buy 1035.63 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 876.83 Crore)
• DII sold in Cash (Net sell 805.34 Crore)
• Most Active Nifty Call Option: 7600 and 7700.
• Most Active Nifty Put Options: 7500 and 7400.
• Advance Decline for the day was 822:735.
• McClellan's oscillator for NSE at +45.

NIFTY TECHNICAL

Current Spot: 7538.75
Pivot: 7546
5DEMA: 7496
10DEMA: 7422
20DEMA: 7351
50DEMA: 7389
Parabolic SAR: 7203
RSI (14 days): 61.14
Supports: 7508 - 7477 - 7439
Resistance: 7577 - 7614 - 7645

Nifty Future VWAP: 7559.37
Nifty Future VIX Range: 7449 - 7639
MP Values Nifty Future: VAH - 7571, POC - 7553, VAL - 7535

BANKNIFTY TECHNICAL

Current Spot: 15277.80
Pivot: 15305
5DEMA: 15179
10DEMA: 14994
20DEMA: 14832
50DEMA: 15081
Parabolic SAR: 14435
RSI (14 days): 58.61
Supports: 15193 - 15109 - 14997
Resistance: 15389 - 15501 - 15585

Bank Nifty Future VWAP: 15373.49
Bank Nifty Future VIX Range: 15063 - 15597
MP Values Bank Nifty Future: VAH - 15410, POC - 15356, VAL - 15302

Thanks and Regards

MarketPulse S&P