Market outlook for 20/07/2016

Nifty closed up 19.85 points (0.23%) at 8528.55 while Future closed at 8540.45, premium of 11.90 points.
Bank Nifty closed down 18.25 points (0.10%) at 18905.15 while Future closed at 18961.65, premium of 56.50 points.

• FII bought in Cash (Net buy 548.90 Crore)
• FII bought in index future but sold in stock future, index option (Net buy 62.54 Crore)
• DII sold in Cash (Net sell 377.43 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 695:906.
• McClellan's oscillator for NSE at -21.

NIFTY TECHNICAL

Current Spot: 8528.55
Pivot: 8515
5DEMA: 8515
10DEMA: 8466
20DEMA: 8378
50DEMA: 8218
Parabolic SAR: 8350
RSI (14 days): 67.15
Supports: 8490 - 8452 - 8427
Resistance: 8554 - 8578 - 8617

Nifty Future VWAP: 8521.37
Nifty Future VIX Range: 8486 - 8619
MP Values Nifty Future: VAH - 8539, POC - 8521, VAL - 8503

BANKNIFTY TECHNICAL

Current Spot: 18905.15
Pivot: 18923
5DEMA: 18815
10DEMA: 18598
20DEMA: 18290
50DEMA: 17747
Parabolic SAR: 18388
RSI (14 days): 72.67
Supports: 18816 - 18726 - 18619
Resistance: 19012 - 19119 - 19209

Bank Nifty Future VWAP: 18948.02
Bank Nifty Future VIX Range: 18785 - 19171
MP Values Bank Nifty Future: VAH - 18991, POC - 18937, VAL - 18883

Thanks and Regards

MarketPulse S&P