Market outlook for 02/12/2014

Nifty closed down 32.35 points (0.38%) at 8555.90 while Future closed at 8595.90, premium of 40.00 points.
Bank Nifty closed up 12.15 points (0.07%) at 18525.30 while Future closed at 18646.30, premium of 121.00 points.

• FII sold in Cash (Net sell 12.36 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 55.79 Crore)
• DII sold in Cash (Net sell 555.17 Crore)
• Most Active Nifty Call Option: 8700 and 8800.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 549:988.
• McClellan's oscillator for NSE at -30.

NIFTY TECHNICAL

Current Spot: 8555.90
Pivot: 8575
5DEMA: 8527
10DEMA: 8484
20DEMA: 8396
50DEMA: 8236
RSI (14 days): 69.44
Parabolic SAR: 8416
Supports: 8526 - 8497 - 8449
Resistance: 8604 - 8653 - 8682

Nifty Future VWAP: 8622.50
Nifty Future VIX Range: 8534 - 8662
MP Values Nifty Future: VAH - 8644, POC - 8625, VAL - 8606

BANKNIFTY TECHNICAL

Current Spot: 18525.30
Pivot: 18566
5DEMA: 18283
10DEMA: 18067
20DEMA: 17689
50DEMA: 17002
RSI (14 days): 75.78
Parabolic SAR: 18054
Supports: 18456 - 18387 - 18277
Resistance: 18635 - 18745 - 18814

Bank Nifty Future VWAP: 18687.27
Bank Nifty Future VIX Range: 18395 - 18894
MP Values Bank Nifty Future: VAH - 18731, POC - 18692, VAL - 18653

Thanks and Regards

MarketPulse S&P