Market outlook for 23/07/2015

Nifty closed up 104.05 points (1.22%) at 8633.50 while Future closed at 8648.40, premium of 14.90 points.
Bank Nifty closed up 273.60 points (1.46%) at 18997.00 while Future closed at 19056.80, premium of 59.80 points.

• FII bought in Cash (Net buy 450.32 Crore)
• FII bought in index option but sold index future, stock future (Net buy 174.74 Crore)
• DII sold in Cash (Net sell 351.77 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 1027:485.
• McClellan's oscillator for NSE at +23.

NIFTY TECHNICAL

Current Spot: 8633.50
Pivot: 8592
5DEMA: 8579
10DEMA: 8536
20DEMA: 8468
50DEMA: 8382
RSI (14 days): 63.77
Parabolic SAR: 8393
Supports: 8540 - 8447 - 8395
Resistance: 8685 - 8737 - 8831

Nifty Future VWAP: 8609.31
Nifty Future VIX Range: 8572 - 8720
MP Values Nifty Future: VAH - 8645, POC - 8599, VAL - 8553

BANKNIFTY TECHNICAL

Current Spot: 18997.00
Pivot: 18883
5DEMA: 18932
10DEMA: 18867
20DEMA: 18696
50DEMA: 18430
RSI (14 days): 59.15
Parabolic SAR: 19194
Supports: 18728 - 18458 - 18303
Resistance: 19152 - 19307 - 19577

Bank Nifty Future VWAP: 18916.63
Bank Nifty Future VIX Range: 18836 - 19278
MP Values Bank Nifty Future: VAH - 19108, POC - 19062, VAL - 18838

Thanks and Regards

MarketPulse S&P