Market outlook for 06/02/2015

Nifty closed down 12.00 points (0.14%) at 8711.70 while Future closed at 8751.30, premium of 39.60 points.
Bank Nifty closed down 122.10 points (0.64%) at 19051.90 while Future closed at 19147.05, premium of 95.15 points.

• FII sold in Cash (Net sell 27.43 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 490.90 Crore)
• DII bought in Cash (Net buy 325.61 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 448:1058.
• McClellan's oscillator for NSE at -33.

NIFTY TECHNICAL

Current Spot: 8711.70
Pivot: 8745
5DEMA: 8756
10DEMA: 8748
20DEMA: 8657
50DEMA: 8510
RSI (14 days): 57.55
Parabolic SAR: 8990
Supports: 8651 - 8590 - 8496
Resistance: 8806 - 8899 - 8960

Nifty Future VWAP: 8806.63
Nifty Future VIX Range: 8658 - 8820
MP Values Nifty Future: VAH - 8828, POC - 8805, VAL - 8782

BANKNIFTY TECHNICAL

Current Spot: 19051.90
Pivot: 19158
5DEMA: 19426
10DEMA: 19587
20DEMA: 19471
50DEMA: 18954
RSI (14 days): 44.95
Parabolic SAR: 20695
Supports: 18872 - 18691 - 18405
Resistance: 19338 - 19625 - 19805

Bank Nifty Future VWAP: 19333.41
Bank Nifty Future VIX Range: 18866 - 19434
MP Values Bank Nifty Future: VAH - 19457, POC - 19380, VAL - 19303

Thanks and Regards

MarketPulse S&P