Market outlook for 08/10/2015

Nifty closed up 24.50 points (0.30%) at 8177.40 while Future closed at 8194.65, premium of 17.25 points.
Bank Nifty closed up 11.45 points (0.07%) at 17616.80 while Future closed at 17689.05, premium of 72.25 points.

• FII sold in Cash (Net sell 50.60 Crore)
• FII bought in index future but sold in index option, stock future (Net buy 342.13 Crore)
• DII sold in Cash (Net sell 218.75 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8100 and 8000.
• Advance Decline for the day was 955:562.
• McClellan's oscillator for NSE at +65.

NIFTY TECHNICAL

Current Spot: 8177.40
Pivot: 8166
5DEMA: 8082
10DEMA: 8006
20DEMA: 7966
50DEMA: 8072
RSI (14 days): 60.56
Parabolic SAR: 7721
Supports: 8144 - 8110 - 8088
Resistance: 8200 - 8222 - 8256

Nifty Future VWAP: 8145.54
Nifty Future VIX Range: 8096 - 8303
MP Values Nifty Future: VAH - 8194, POC - 8180, VAL - 8166

BANKNIFTY TECHNICAL

Current Spot: 17616.80
Pivot: 17597
5DEMA: 17495
10DEMA: 17358
20DEMA: 17258
50DEMA: 17540
RSI (14 days): 55.87
Parabolic SAR: 16999
Supports: 17520 - 17423 - 17346
Resistance: 17694 - 17771 - 17868

Bank Nifty Future VWAP: 17670.94
Bank Nifty Future VIX Range: 17377 - 17997
MP Values Bank Nifty Future: VAH - 17728, POC - 17685, VAL - 17642

Thanks and Regards

MarketPulse S&P