Market outlook for 06/11/2015

Nifty closed down 84.75 points (1.05%) at 7955.45 while Future closed at 7989.40, premium of 33.95 points.
Bank Nifty closed down 225.95 points (1.31%) at 16995.10 while Future closed at 17071.85, premium of 76.75 points.

• FII sold in Cash (Net buy 991.87 Crore)
• FII sold in index future, stock future and in index option (Net sell 4147.39 Crore)
• DII bought in Cash (Net sell 636.15 Crore)
• Most Active Nifty Call Option: 8100 and 8200.
• Most Active Nifty Put Options: 8000 and 7900.
• Advance Decline for the day was 346:1165.
• McClellan's oscillator for NSE at -58.

NIFTY TECHNICAL

Current Spot: 7955.45
Pivot: 7977
5DEMA: 8037
10DEMA: 8087
20DEMA: 8104
50DEMA: 8119
RSI (14 days): 37.79
Parabolic SAR: 8229
Supports: 7923 - 7890 - 7836
Resistance: 8010 - 8064 - 8097

Nifty Future VWAP: 8019.83
Nifty Future VIX Range: 7910 - 8042
MP Values Nifty Future: VAH - 8037, POC - 8014, VAL - 7991

BANKNIFTY TECHNICAL

Current Spot: 16995.10
Pivot: 17040
5DEMA: 17220
10DEMA: 17354
20DEMA: 17430
50DEMA: 17543
RSI (14 days): 37.85
Parabolic SAR: 17788
Supports: 16913 - 16831 - 16704
Resistance: 17122 - 17249 - 17331

Bank Nifty Future VWAP: 17114.41
Bank Nifty Future VIX Range: 16877 - 17303
MP Values Bank Nifty Future: VAH - 17144, POC - 17098, VAL - 17052

Thanks and Regards

MarketPulse S&P