Market outlook for 13/06/2016

Nifty closed down 33.55 points (0.41%) at 8170.05 while Future closed at 8190.40, premium of 20.35 points.
Bank Nifty closed down 59.10 points (0.33%) at 17830.20 while Future closed at 17797.05, discount of 31.55 points.

• FII bought in Cash (Net buy 201.32 Crore)
• FII sold in stock future, index option but bought in index future (Net sell 496.10 Crore)
• DII sold in Cash (Net sell 165.62 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 720:856.
• McClellan's oscillator for NSE at +13.

NIFTY TECHNICAL

Current Spot: 8170.05
Pivot: 8200
5DEMA: 8205
10DEMA: 8172
20DEMA: 8085
50DEMA: 7924
Parabolic SAR: 8156
RSI (14 days): 61.25
Supports: 8133 - 8097 - 8031
Resistance: 8236 - 8302 - 8339

Nifty Future VWAP: 8222.69
Nifty Future VIX Range: 8128 - 8264
MP Values Nifty Future: VAH - 8254, POC - 8218, VAL - 8182

BANKNIFTY TECHNICAL

Current Spot: 17828.60
Pivot: 17898
5DEMA: 17821
10DEMA: 17668
20DEMA: 17378
50DEMA: 16812
Parabolic SAR: 17538
RSI (14 days): 69.21
Supports: 17745 - 17662 - 17509
Resistance: 17982 - 18135 - 18218

Bank Nifty Future VWAP: 17861.55
Bank Nifty Future VIX Range: 17597 - 17983
MP Values Bank Nifty Future: VAH - 17924, POC - 17823, VAL - 17765

Thanks and Regards

MarketPulse S&P