Market outlook for 18/03/2016

Nifty closed up 13.80 points (0.18%) at 7512.55 while Future closed at 7512.75, premium of 0.20 points.
Bank Nifty closed down 17.70 points (0.11%) at 15444.00 while Future closed at 15433.95, discount of 10.05 points.

• FII bought in Cash (Net buy 744.49 Crore)
• FII bought in index future, index option and in stock future (Net buy 1665.53 Crore)
• DII sold in Cash (Net sell 168.38 Crore)
• Most Active Nifty Call Option: 7600 and 7700.
• Most Active Nifty Put Options: 7500 and 7400.
• Advance Decline for the day was 823:714.
• McClellan's oscillator for NSE at +23.

NIFTY TECHNICAL

Current Spot: 7512.55
Pivot: 7526
5DEMA: 7497
10DEMA: 7454
20DEMA: 7388
50DEMA: 7415
Parabolic SAR: 7358
RSI (14 days): 58.36
Supports: 7466 - 7420 - 7360
Resistance: 7572 - 7632 - 7678

Nifty Future VWAP: 7561.38
Nifty Future VIX Range: 7404 - 7580
MP Values Nifty Future: VAH – 7599, POC - 7582, VAL - 7526

BANKNIFTY TECHNICAL

Current Spot: 15444.00
Pivot: 15487
5DEMA: 15352
10DEMA: 15186
20DEMA: 14983
50DEMA: 15149
Parabolic SAR: 14761
RSI (14 days): 60.87
Supports: 15269 - 15095 - 14877
Resistance: 15662 - 15879 - 16054

Bank Nifty Future VWAP: 15610.33
Bank Nifty Future VIX Range: 15113 - 15609
MP Values Bank Nifty Future: VAH - 15747, POC - 15663, VAL - 15507

Thanks and Regards

MarketPulse S&P