Market outlook for 25/07/2016

Nifty closed up 31.10 points (0.37%) at 8541.20 while Future closed at 8554.30, premium of 13.10 points.
Bank Nifty closed up 16.10 points (0.09%) at 18690.40 while Future closed at 18734.95, premium of 44.55 points.

• FII bought in Cash (Net buy 437.78 Crore)
• FII sold in index option, stock future but bought in index future (Net sell 1087.83 Crore)
• DII sold in Cash (Net sell 365.67 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 945:647.
• McClellan's oscillator for NSE at -04.

NIFTY TECHNICAL

Current Spot: 8541.20
Pivot: 8527
5DEMA: 8530
10DEMA: 8498
20DEMA: 8420
50DEMA: 8250
Parabolic SAR: 8450
RSI (14 days): 64.92
Supports: 8504 - 8468 - 8445
Resistance: 8564 - 8586 - 8623

Nifty Future VWAP: 8538.94
Nifty Future VIX Range: 8489 - 8617
MP Values Nifty Future: VAH - 8563, POC - 8551, VAL - 8527

BANKNIFTY TECHNICAL

Current Spot: 18690.40
Pivot: 18659
5DEMA: 18765
10DEMA: 18671
20DEMA: 18414
50DEMA: 17887
Parabolic SAR: 19158
RSI (14 days): 62.66
Supports: 18583 - 18475 - 18399
Resistance: 18767 - 18843 - 18951

Bank Nifty Future VWAP: 18694.93
Bank Nifty Future VIX Range: 18566 - 18944
MP Values Bank Nifty Future: VAH - 18764, POC - 18715, VAL - 18666

Thanks and Regards

MarketPulse S&P