Market outlook for 15/06/2016

Nifty closed down 1.75 points (0.02%) at 8108.85 while Future closed at 8120.55, premium of 11.70 points.
Bank Nifty closed up 78.45 points (0.45%) at 17672.40 while Future closed at 17638.40, discount of 34.00 points.

• FII sold in Cash (Net buy 113.36 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1637.91 Crore)
• DII sold in Cash (Net sell 32.27 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 974:589.
• McClellan's oscillator for NSE at +14.

NIFTY TECHNICAL

Current Spot: 8108.85
Pivot: 8104
5DEMA: 8152
10DEMA: 8152
20DEMA: 8090
50DEMA: 7938
Parabolic SAR: 8290
RSI (14 days): 55.61
Supports: 8074 - 8039 - 8008
Resistance: 8139 - 8170 - 8205

Nifty Future VWAP: 8108.52
Nifty Future VIX Range: 8056 - 8190
MP Values Nifty Future: VAH - 8121, POC - 8108, VAL - 8095

BANKNIFTY TECHNICAL

Current Spot: 17672.40
Pivot: 17656
5DEMA: 17721
10DEMA: 17658
20DEMA: 17425
50DEMA: 16875
Parabolic SAR: 18041
RSI (14 days): 62.21
Supports: 17592 - 17512 - 17448
Resistance: 17736 - 17800 - 17880

Bank Nifty Future VWAP: 17599.27
Bank Nifty Future VIX Range: 17453 - 17831
MP Values Bank Nifty Future: VAH - 17622, POC - 17582, VAL - 17542

Thanks and Regards

MarketPulse S&P