Market outlook for 29/07/2015

Nifty closed down 24.00 points (0.29%) at 8337.00 while Future closed at 8350.95, premium of 13.95 points.
Bank Nifty closed up 69.75 points (0.38%) at 18282.80 while Future closed at 18314.20, premium of 31.40 points.

• FII sold HUGE in Cash (Net sell 1375.66 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 107.23 Crore)
• DII bought in Cash (Net buy 665.05 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8400 and 8300.
• Advance Decline for the day was 685:795.
• McClellan's oscillator for NSE at -19.

NIFTY TECHNICAL

Current Spot: 8337.00
Pivot: 8352
5DEMA: 8442
10DEMA: 8477
20DEMA: 8459
50DEMA: 8382
RSI (14 days): 43.60
Parabolic SAR: 8648
Supports: 8307 - 8276 - 8231
Resistance: 8382 - 8428 - 8458

Nifty Future VWAP: 8372.37
Nifty Future VIX Range: 8278 - 8434
MP Values Nifty Future: VAH - 8392, POC - 8373, VAL - 8354

BANKNIFTY TECHNICAL

Current Spot: 18282.80
Pivot: 18279
5DEMA: 18505
10DEMA: 18635
20DEMA: 18623
50DEMA: 18441
RSI (14 days): 43.71
Parabolic SAR: 18964
Supports: 18178 - 18074 - 17973
Resistance: 18383 - 18484 - 18588

Bank Nifty Future VWAP: 18338.75
Bank Nifty Future VIX Range: 18107 - 18551
MP Values Bank Nifty Future: VAH - 18366, POC - 18316, VAL - 18266

Thanks and Regards

MarketPulse S&P