Market outlook for 10/07/2015

Nifty closed down 34.50 points (0.41%) at 8328.55 while Future closed at 8346.10, premium of 17.55 points.
Bank Nifty closed up 45.55 points (0.25%) at 18508.70 while Future closed at 18566.75, premium of 58.05 points.

• FII sold in Cash (Net sell 254.10 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1053.39 Crore)
• DII bought in Cash (Net buy 79.08 Crore)
• Most Active Nifty Call Option: 8500 and 8600.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 827:673.
• McClellan's oscillator for NSE at +38.

NIFTY TECHNICAL

Current Spot: 8328.55
Pivot: 8351
5DEMA: 8403
10DEMA: 8396
20DEMA: 8351
50DEMA: 8347
RSI (14 days): 49.22
Parabolic SAR: 8557
Supports: 8301 - 8273 - 8224
Resistance: 8378 - 8428 - 8456

Nifty Future VWAP: 8365.58
Nifty Future VIX Range: 8278 - 8426
MP Values Nifty Future: VAH - 8392, POC - 8373, VAL - 8354

BANKNIFTY TECHNICAL

Current Spot: 18508.70
Pivot: 18501
5DEMA: 18580
10DEMA: 18516
20DEMA: 18361
50DEMA: 18274
RSI (14 days): 55.20
Parabolic SAR: 18403
Supports: 18417 - 18326 - 18242
Resistance: 18592 - 18675 - 18767

Bank Nifty Future VWAP: 18548.63
Bank Nifty Future VIX Range: 18368 - 18794
MP Values Bank Nifty Future: VAH - 18588, POC - 18539, VAL - 18490

Thanks and Regards

MarketPulse S&P