Market outlook for 31/07/2015

Nifty closed up 46.75 points (0.56%) at 8421.80 while Future closed at 8461.75, premium of 39.95 points.
Bank Nifty closed up 117.00 points (0.64%) at 18440.40 while Future closed at 18535.85, premium of 95.45 points.

• FII sold in Cash (Net sell 170.68 Crore)
• FII sold in index future, stock future and in index option (Net sell 1148.19 Crore)
• DII bought in Cash (Net buy 499.65 Crore)
• Most Active Nifty Call Option: 8500 and 8700.
• Most Active Nifty Put Options: 8400 and 8200.
• Advance Decline for the day was 970:533.
• McClellan's oscillator for NSE at +09.

NIFTY TECHNICAL

Current Spot: 8421.80
Pivot: 8430
5DEMA: 8421
10DEMA: 8452
20DEMA: 8448
50DEMA: 8376
RSI (14 days): 49.53
Parabolic SAR: 8623
Supports: 8400 - 8379 - 8350
Resistance: 8451 - 8480 - 8502

Nifty Future VWAP: 8464.85
Nifty Future VIX Range: 8396 - 8544
MP Values Nifty Future: VAH - 8471, POC - 8458, VAL - 8445

BANKNIFTY TECHNICAL

Current Spot: 18440.40
Pivot: 18443
5DEMA: 18443
10DEMA: 18553
20DEMA: 18580
50DEMA: 18443
RSI (14 days): 47.48
Parabolic SAR: 18786
Supports: 18364 - 18289 - 18210
Resistance: 18519 - 18598 - 18674

Bank Nifty Future VWAP: 18541.85
Bank Nifty Future VIX Range: 18325 - 18751
MP Values Bank Nifty Future: VAH - 18582, POC - 18542, VAL - 18502

Thanks and Regards

MarketPulse S&P