Market outlook for 30/03/2016

Nifty closed down 18.10 points (0.24%) at 7597.00 while Future closed at 7620.05, premium of 23.05 points.
Bank Nifty closed up 61.35 points (0.39%) at 15666.25 while Future closed at 15714.50, premium of 48.25 points.

• FII bought in Cash (Net buy 513.45 Crore)
• FII sold in index option, stock future but bought in index future (Net sell 1569.02 Crore)
• DII sold in Cash (Net sell 556.69 Crore)
• Most Active Nifty Call Option: 7600 and 7700.
• Most Active Nifty Put Options: 7600 and 7500.
• Advance Decline for the day was 623:942.
• McClellan's oscillator for NSE at -02.

NIFTY TECHNICAL

Current Spot: 7597.00
Pivot: 7611
5DEMA: 7629
10DEMA: 7592
20DEMA: 7509
50DEMA: 7474
Parabolic SAR: 7749
RSI (14 days): 57.46
Supports: 7569 - 7540 - 7498
Resistance: 7639 - 7681 - 7710

Nifty Future VWAP: 7633.41
Nifty Future VIX Range: 7530 - 7697
MP Values Nifty Future: VAH – 7652, POC - 7635, VAL - 7618

BANKNIFTY TECHNICAL

Current Spot: 15666.25
Pivot: 15674
5DEMA: 15701
10DEMA: 15587
20DEMA: 15339
50DEMA: 15303
Parabolic SAR: 15522
RSI (14 days): 59.42
Supports: 15573 - 15480 - 15380
Resistance: 15767 - 15867 - 15960

Bank Nifty Future VWAP: 15735.33
Bank Nifty Future VIX Range: 15480 - 15946
MP Values Bank Nifty Future: VAH - 15781, POC - 15741, VAL - 15701

Thanks and Regards

MarketPulse S&P