Market outlook for 03/08/2015

Nifty closed up 111.05 points (1.32%) at 8532.85 while Future closed at 8569.65, premium of 36.80 points.
Bank Nifty closed up 289.45 points (1.57%) at 18729.85 while Future closed at 18835.80, premium of 105.95 points.

• FII sold in Cash (Net sell 277.77 Crore)
• FII bought in index future, stock future and in index option (Net buy 2994.23 Crore)
• DII bought huge in Cash (Net buy 1021.34 Crore)
• Most Active Nifty Call Option: 8600 and 8700.
• Most Active Nifty Put Options: 8500 and 8400.
• Advance Decline for the day was 892:615.
• McClellan's oscillator for NSE at +16.

NIFTY TECHNICAL

Current Spot: 8532.85
Pivot: 8510
5DEMA: 8458
10DEMA: 8467
20DEMA: 8456
50DEMA: 8393
RSI (14 days): 55.86
Parabolic SAR: 8610
Supports: 8471 - 8409 - 8370
Resistance: 8572 - 8611 - 8673

Nifty Future VWAP: 8539.66
Nifty Future VIX Range: 8491 - 8653
MP Values Nifty Future: VAH - 8565, POC - 8531, VAL - 8497

BANKNIFTY TECHNICAL

Current Spot: 18729.85
Pivot: 18678
5DEMA: 18539
10DEMA: 18585
20DEMA: 18594
50DEMA: 18466
RSI (14 days): 53.65
Parabolic SAR: 18174
Supports: 18527 - 18324 - 18173
Resistance: 18881 - 19032 - 19235

Bank Nifty Future VWAP: 18752.01
Bank Nifty Future VIX Range: 18584 - 19047
MP Values Bank Nifty Future: VAH - 18817, POC - 18630, VAL - 18562

Thanks and Regards

MarketPulse S&P