Market outlook for 11/11/2015

Nifty closed down 131.85 points (1.67%) at 7783.35 while Future closed at 7802.50, premium of 19.15 points.
Bank Nifty closed down 167.00 points (0.98%) at 16836.00 while Future closed at 16864.45, premium of 28.45 points.

• FII sold in Cash (Net sell 661.95 Crore)
• FII bought in index option but sold in stock future, index future (Net buy 875.31 Crore)
• DII bought in Cash (Net buy 658.33 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7800 and 7700.
• Advance Decline for the day was 493:1009.
• McClellan's oscillator for NSE at -57.

NIFTY TECHNICAL

Current Spot: 7877.60
Pivot: 7814
5DEMA: 7913
10DEMA: 7990
20DEMA: 8045
50DEMA: 8083
Parabolic SAR: 8095
RSI (14 days): 28.62
Supports: 7742 - 7702 - 7630
Resistance: 7855 - 7926 - 7967

Nifty Future VWAP: 7847.01
Nifty Future VIX Range: 7733 - 7867
MP Values Nifty Future: VAH - 7876, POC - 7847, VAL - 7818

BANKNIFTY TECHNICAL

Current Spot: 16836.00
Pivot: 16896
5DEMA: 17024
10DEMA: 17175
20DEMA: 17310
50DEMA: 17452
Parabolic SAR: 17483
RSI (14 days): 35.64
Supports: 16745 - 16654 - 16503
Resistance: 16987 - 17138 - 17229

Bank Nifty Future VWAP: 16946.43
Bank Nifty Future VIX Range: 16680 - 17080
MP Values Bank Nifty Future: VAH - 17028, POC - 16954, VAL - 16880

Thanks and Regards

MarketPulse S&P