Market outlook for 24/11/2015

Nifty closed down 7.30 points (0.09%) at 7849.25 while Future closed at 7851.25, premium of 2.00 points.
Bank Nifty closed up 4.65 points (0.03%) at 17060.25 while Future closed at 17057.65, discount of 2.60 points.

• FII sold in Cash (Net sell 35.37 Crore)
• FII sold in index option but bought in index future, stock future (Net sell 78.48 Crore)
• DII bought in Cash (Net buy 90.28 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7800 and 7700.
• Advance Decline for the day was 831:705.
• McClellan's oscillator for NSE at +17.

NIFTY TECHNICAL

Current Spot: 7849.25
Pivot: 7851
5DEMA: 7835
10DEMA: 7856
20DEMA: 7919
50DEMA: 7954
Parabolic SAR: 7718
RSI (14 days): 42.87
Supports: 7824 - 7798 - 7772
Resistance: 7876 - 7903 - 7928

Nifty Future VWAP: 7855.41
Nifty Future VIX Range: 7785 - 7922
MP Values Nifty Future: VAH - 7872, POC - 7858, VAL - 7844

BANKNIFTY TECHNICAL

Current Spot: 17060.25
Pivot: 17052
5DEMA: 17040
10DEMA: 17063
20DEMA: 17152
50DEMA: 17183
Parabolic SAR: 16643
RSI (14 days): 46.28
Supports: 16978 - 16895 - 16821
Resistance: 17135 - 17209 - 17292

Bank Nifty Future VWAP: 17058.86
Bank Nifty Future VIX Range: 16862 - 17259
MP Values Bank Nifty Future: VAH - 17095, POC - 17056, VAL - 17017

Thanks and Regards

MarketPulse S&P