Market outlook for 07/04/2015

Nifty closed up 73.65 points (0.86%) at 8659.90 while Future closed at 8689.80, premium of 29.90 points.
Bank Nifty closed down 12.40 points (0.07%) at 18605.45 while Future closed at 18665.50, premium of 60.05 points.

• FII bought in Cash (Net buy 936.81 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 786.93 Crore)
• DII sold in Cash (Net sell 170.03 Crore)
• Most Active Nifty Call Option: 8700 and 8800.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 1071:453.
• McClellan's oscillator for NSE at +57.

NIFTY TECHNICAL

Current Spot: 8659.90
Pivot: 8634
5DEMA: 8559
10DEMA: 8553
20DEMA: 8599
50DEMA: 8609
RSI (14 days): 52.96
Parabolic SAR: 8277
Supports: 8600 - 8540 - 8506
Resistance: 8694 - 8728 - 8788

Nifty Future VWAP: 8646.92
Nifty Future VIX Range: 8605 - 8779
MP Values Nifty Future: VAH - 8659, POC - 8625, VAL - 8608

BANKNIFTY TECHNICAL

Current Spot: 18605.45
Pivot: 18588
5DEMA: 18445
10DEMA: 18464
20DEMA: 18638
50DEMA: 18852
RSI (14 days): 48.09
Parabolic SAR: 17719
Supports: 18473 - 18340 - 18226
Resistance: 18720 - 18835 - 18968

Bank Nifty Future VWAP: 18647.59
Bank Nifty Future VIX Range: 18372 - 18954
MP Values Bank Nifty Future: VAH - 18701, POC - 18630, VAL - 18559

Thanks and Regards

MarketPulse S&P