Market outlook for 29/09/2015

Nifty closed down 72.80 points (0.93%) at 7795.70 while Future closed at 7825.50, premium of 29.80 points.
Bank Nifty closed down 96.35 points (0.56%) at 17100.30 while Future closed at 17185.80, premium of 85.50 points.

• FII sold in Cash (Net sell 650.01 Crore)
• FII bought in index future, index option and in stock future (Net buy 1835.91 Crore)
• DII bought in Cash (Net buy 505.59 Crore)
• Most Active Nifty Call Option: 8000 and 8100.
• Most Active Nifty Put Options: 7700 and 7600.
• Advance Decline for the day was 574:931.
• McClellan's oscillator for NSE at +15.

NIFTY TECHNICAL

Current Spot: 7795.70
Pivot: 7826
5DEMA: 7845
10DEMA: 7852
20DEMA: 7894
50DEMA: 8064
RSI (14 days): 42.91
Parabolic SAR: 7756
Supports: 7758 - 7720 - 7652
Resistance: 7864 - 7932 - 7970

Nifty Future VWAP: 7874.48
Nifty Future VIX Range: 7725 - 7939
MP Values Nifty Future: VAH - 7905, POC - 7878, VAL - 7851

BANKNIFTY TECHNICAL

Current Spot: 17100.30
Pivot: 17186
5DEMA: 17152
10DEMA: 17073
20DEMA: 17096
50DEMA: 17520
RSI (14 days): 48.61
Parabolic SAR: 16432
Supports: 16988 - 16876 - 16677
Resistance: 17299 - 17497 - 17610

Bank Nifty Future VWAP: 17339.11
Bank Nifty Future VIX Range: 16868 - 17534
MP Values Bank Nifty Future: VAH - 17428, POC - 17341, VAL - 17254

Thanks and Regards

MarketPulse S&P