Market outlook for 05/04/2016

Nifty closed up 45.75 points (0.59%) at 7758.80 while Future closed at 7790.75, premium of 31.95 points.
Bank Nifty closed up 15.70 points (0.10%) at 16190.60 while Future closed at 16257.90, premium of 67.30 points.

• FII bought in Cash (Net buy 236.82 Crore)
• FII sold in index option, stock future but bought in index future (Net sell 646.78 Crore)
• DII sold in Cash (Net sell 333.74 Crore)
• Most Active Nifty Call Option: 7800 and 8000.
• Most Active Nifty Put Options: 7700 and 7600.
• Advance Decline for the day was 990:572.
• McClellan's oscillator for NSE at +56.

NIFTY TECHNICAL

Current Spot: 7758.80
Pivot: 7743
5DEMA: 7718
10DEMA: 7673
20DEMA: 7584
50DEMA: 7501
Parabolic SAR: 7590
RSI (14 days): 64.25
Supports: 7721 - 7683 - 7661
Resistance: 7781 - 7803 - 7841

Nifty Future VWAP: 7770.82
Nifty Future VIX Range: 7708 - 7874
MP Values Nifty Future: VAH – 7749, POC - 7733, VAL - 7717

BANKNIFTY TECHNICAL

Current Spot: 16190.60
Pivot: 16172
5DEMA: 16078
10DEMA: 15906
20DEMA: 15610
50DEMA: 15397
Parabolic SAR: 15923
RSI (14 days): 67.56
Supports: 16065 - 15940 - 15833
Resistance: 16297 - 16404 - 16529

Bank Nifty Future VWAP: 16237.64
Bank Nifty Future VIX Range: 16028 - 16502
MP Values Bank Nifty Future: VAH - 16233, POC - 16156, VAL - 16093

Thanks and Regards

MarketPulse S&P