Market outlook for 14/09/2016

Nifty closed down 151.10 points (1.70%) at 8715.60 while Future closed at 8742.35, premium of 26.75 points.
Bank Nifty closed down 454.70 points (2.25%) at 19790.60 while Future closed at 19895.00, premium of 104.40 points.

• FII sold in Cash (Net sell 593.61 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 4048.10 Crore)
• DII sold in Cash (Net sell 12.90 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 249:1375.
• McClellan's oscillator for NSE at -28.

NIFTY TECHNICAL

Current Spot: 8715.60
Pivot: 8721
5DEMA: 8824
10DEMA: 8803
20DEMA: 8745
50DEMA: 8605
Parabolic SAR: 8699
RSI (14 days): 50.49
Supports: 8694 - 8673 - 8647
Resistance: 8742 - 8768 - 8789

Nifty Future VWAP: 8755.63
Nifty Future VIX Range: 8677 - 8819
MP Values Nifty Future: VAH - 8790, POC - 8767, VAL - 8744

BANKNIFTY TECHNICAL

Current Spot: 19790.60
Pivot: 19796
5DEMA: 20074
10DEMA: 19948
20DEMA: 19663
50DEMA: 19099
Parabolic SAR: 20576
RSI (14 days): 57.19
Supports: 19730 - 19670 - 19604
Resistance: 19856 - 19922 - 19982

Bank Nifty Future VWAP: 19891.25
Bank Nifty Future VIX Range: 19688 - 20134
MP Values Bank Nifty Future: VAH - 19918, POC - 19882, VAL - 19846

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MarketPulse S&P