Market outlook for 03/10/2016

Nifty closed down 19.90 points (0.23%) at 8611.15 while Future closed at 8640.65, premium of 29.50 points.
Bank Nifty closed up 102.05 points (0.53%) at 19285.70 while Future closed at 19402.75, premium of 117.05 points.

• FII sold in Cash (Net sell 1028.31 Crore)
• FII sold in index future but bought in stock future, index option (Net sell 163.67 Crore)
• DII bought in Cash (Net buy 1560.29 Crore)
• Most Active Nifty Call Option: 8800 and 9000.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 1341:292.
• McClellan's oscillator for NSE at +00.

NIFTY TECHNICAL

Current Spot: 8611.15
Pivot: 8601
5DEMA: 8670
10DEMA: 8714
20DEMA: 8733
50DEMA: 8679
Parabolic SAR: 8896
RSI (14 days): 41.74
Supports: 8565 - 8519 - 8483
Resistance: 8647 - 86883 - 8729

Nifty Future VWAP: 8629.79
Nifty Future VIX Range: 8580 - 8720
MP Values Nifty Future: VAH - 8643, POC - 8624, VAL - 8605

BANKNIFTY TECHNICAL

Current Spot: 19285.70
Pivot: 19234
5DEMA: 19446
10DEMA: 19597
20DEMA: 19653
50DEMA: 19380
Parabolic SAR: 19888
RSI (14 days): 42.53
Supports: 19137 - 18988 - 18891
Resistance: 19383 - 19480 - 19628

Bank Nifty Future VWAP: 19353.70
Bank Nifty Future VIX Range: 19218 - 19656
MP Values Bank Nifty Future: VAH - 19416, POC - 19358, VAL - 19300

Thanks and Regards

MarketPulse S&P