Market outlook for 01/12/2015

Nifty closed down 7.45 points (0.09%) at 7935.25 while Future closed at 7980.10, premium of 44.85 points.
Bank Nifty closed up 59.45 points (0.34%) at 17430.40 while Future closed at 17490.40, premium of 60.00 points.

• FII sold huge in Cash (Net sell 1043.84 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1217.41 Crore)
• DII bought in Cash (Net buy 601.73 Crore)
• Most Active Nifty Call Option: 8100 and 8200.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 915:623.
• McClellan's oscillator for NSE at +37.

NIFTY TECHNICAL

Current Spot: 7935.25
Pivot: 7941
5DEMA: 7899
10DEMA: 7884
20DEMA: 7914
50DEMA: 7959
Parabolic SAR: 7740
RSI (14 days): 49.89
Supports: 7917 - 7898 - 7874
Resistance: 7960 - 7985 - 8003

Nifty Future VWAP: 7975.99
Nifty Future VIX Range: 7915 - 8047
MP Values Nifty Future: VAH - 7985, POC - 7976, VAL - 7967

BANKNIFTY TECHNICAL

Current Spot: 17430.40
Pivot: 17422
5DEMA: 17238
10DEMA: 17165
20DEMA: 17177
50DEMA: 17214
Parabolic SAR: 16716
RSI (14 days): 56.40
Supports: 17345 - 17260 - 17183
Resistance: 17507 - 17584 - 17669

Bank Nifty Future VWAP: 17491.05
Bank Nifty Future VIX Range: 17279 - 17687
MP Values Bank Nifty Future: VAH - 17516, POC - 17490, VAL - 17464

Thanks and Regards

MarketPulse S&P