Market outlook for 21/09/2016

Nifty closed down 32.50 points (0.37%) at 8775.90 while Future closed at 8807.20, premium of 31.30 points.
Bank Nifty closed down 54.55 points (0.27%) at 19852.30 while Future closed at 19921.80, premium of 69.50 points.

• FII sold in Cash (Net sell 1146.93 Crore)
• FII sold in index future, index option and in stock future (Net sell 2952.18 Crore)
• DII bought in Cash (Net buy 777.52 Crore)
• Most Active Nifty Call Option: 8800 and 8900.
• Most Active Nifty Put Options: 8800 and 8700.
• Advance Decline for the day was 614:996.
• McClellan's oscillator for NSE at -07.

NIFTY TECHNICAL

Current Spot: 8775.90
Pivot: 8784
5DEMA: 8784
10DEMA: 8784
20DEMA: 8755
50DEMA: 8644
Parabolic SAR: 8947
RSI (14 days): 53.89
Supports: 8751 - 8727 - 8694
Resistance: 8808 - 8841 - 8866

Nifty Future VWAP: 8803.60
Nifty Future VIX Range: 8740 - 8866
MP Values Nifty Future: VAH - 8811, POC - 8805, VAL - 8799

BANKNIFTY TECHNICAL

Current Spot: 19852.30
Pivot: 19871
5DEMA: 19896
10DEMA: 19899
20DEMA: 19745
50DEMA: 19247
Parabolic SAR: 20391
RSI (14 days): 57.23
Supports: 19778 - 19705 - 19612
Resistance: 19945 - 20038 - 20112

Bank Nifty Future VWAP: 19910.54
Bank Nifty Future VIX Range: 19722 - 20112
MP Values Bank Nifty Future: VAH - 19939, POC - 19912, VAL - 19885

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MarketPulse S&P