Market outlook for 15/05/2015

Nifty closed down 11.25 points (0.14%) at 8224.20 while Future closed at 8237.80, premium of 13.60 points.
Bank Nifty closed up 18.75 points (0.10%) at 18116.20 while Future closed at 18135.20, premium of 19.00 points.

• FII sold in Cash (Net sell 73.76 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 1921.76 Crore)
• DII bought in Cash (Net buy 302.57 Crore)
• Most Active Nifty Call Option: 8300 and 8400.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 874:603.
• McClellan's oscillator for NSE at +25.

NIFTY TECHNICAL

Current Spot: 8224.20
Pivot: 8199
5DEMA: 8213
10DEMA: 8232
20DEMA: 8307
50DEMA: 8473
RSI (14 days): 44.21
Parabolic SAR: 8017
Supports: 8162 - 8100 - 8063
Resistance: 8261 - 8298 - 8360

Nifty Future VWAP: 8202.84
Nifty Future VIX Range: 8129 - 8348
MP Values Nifty Future: VAH - 8227, POC - 8202, VAL - 8177

BANKNIFTY TECHNICAL

Current Spot: 18116.20
Pivot: 18026
5DEMA: 18000
10DEMA: 18021
20DEMA: 18133
50DEMA: 18431
RSI (14 days): 48.63
Parabolic SAR: 18157
Supports: 17896 - 17676 - 17545
Resistance: 18247 - 18377 - 18598

Bank Nifty Future VWAP: 18004.66
Bank Nifty Future VIX Range: 17820 - 18490
MP Values Bank Nifty Future: VAH - 18070, POC - 17980, VAL - 17890

Thanks and Regards

MarketPulse S&P