Market outlook for 02/09/2015

Nifty closed down 185.45 points (2.33%) at 7785.85 while Future closed at 7798.80, premium of 12.95 points.
Bank Nifty closed down 616.25 points (3.59%) at 16530.30 while Future closed at 16563.35, premium of 33.05 points.

• FII sold in Cash (Net sell 675.32 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 5.83 Crore)
• DII bought in Cash (Net buy 681.93 Crore)
• Most Active Nifty Call Option: 8100 and 8200.
• Most Active Nifty Put Options: 7700 and 7500.
• Advance Decline for the day was 234:1289.
• McClellan's oscillator for NSE at -47.

NIFTY TECHNICAL

Current Spot: 7785.85
Pivot: 7820
5DEMA: 7916
10DEMA: 8022
20DEMA: 8167
50DEMA: 8301
RSI (14 days): 31.85
Parabolic SAR: 8214
Supports: 7712 - 7638 - 7529
Resistance: 7894 - 8003 - 8077

Nifty Future VWAP: 7851.76
Nifty Future VIX Range: 7660 - 7924
MP Values Nifty Future: VAH - 7880, POC - 7820, VAL - 7760

BANKNIFTY TECHNICAL

Current Spot: 16530.30
Pivot: 16650
5DEMA: 17007
10DEMA: 17348
20DEMA: 17778
50DEMA: 18177
RSI (14 days): 29.91
Parabolic SAR: 18015
Supports: 16317 - 16103 - 15770
Resistance: 16864 - 17197 - 17411

Bank Nifty Future VWAP: 16729.45
Bank Nifty Future VIX Range: 16176 - 16915
MP Values Bank Nifty Future: VAH - 16994, POC - 16891, VAL - 16593

Thanks and Regards

MarketPulse S&P