Market outlook for 19/09/2016

Nifty closed up 37.30 points (0.43%) at 8779.85 while Future closed at 8808.20, premium of 28.35 points.
Bank Nifty closed up 17.90 points (0.09%) at 19855.45 while Future closed at 19944.95, premium of 89.50 points.

• FII bought in Cash (Net buy 660.59 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 693.11 Crore)
• DII sold in Cash (Net sell 213.13 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 747:875.
• McClellan's oscillator for NSE at -01.

NIFTY TECHNICAL

Current Spot: 8779.85
Pivot: 8793
5DEMA: 8777
10DEMA: 8781
20DEMA: 8747
50DEMA: 8623
Parabolic SAR: 8958
RSI (14 days): 54.95
Supports: 8738 - 8696 - 8641
Resistance: 8835 - 8890 - 8932

Nifty Future VWAP: 8829.66
Nifty Future VIX Range: 8743 - 8875
MP Values Nifty Future: VAH - 8844, POC - 8811, VAL - 8778

BANKNIFTY TECHNICAL

Current Spot: 19855.45
Pivot: 19955
5DEMA: 19924
10DEMA: 19910
20DEMA: 19716
50DEMA: 19191
Parabolic SAR: 20478
RSI (14 days): 57.91
Supports: 19684 - 19512 - 19240
Resistance: 20127 - 20399 - 20571

Bank Nifty Future VWAP: 20097.60
Bank Nifty Future VIX Range: 19763 - 20177
MP Values Bank Nifty Future: VAH - 20315, POC - 20181, VAL - 19993

Thanks and Regards

MarketPulse S&P