Market outlook for 10/12/2015

Nifty closed down 89.20 points (1.16%) at 7612.50 while Future closed at 7644.35, premium of 31.85 points.
Bank Nifty closed down 140.40 points (0.84%) at 16660.75 while Future closed at 16724.50, premium of 63.75 points.

• FII sold in Cash (Net sell 527.41 Crore)
• FII sold in index future but bought in index option, stock future (Net sell 79.21 Crore)
• DII bought in Cash (Net buy 864.71 Crore)
• Most Active Nifty Call Option: 7800 and 8000.
• Most Active Nifty Put Options: 7600 and 7500.
• Advance Decline for the day was 188:1375.
• McClellan's oscillator for NSE at -60.

NIFTY TECHNICAL

Current Spot: 7612.50
Pivot: 7641
5DEMA: 7729
10DEMA: 7788
20DEMA: 7846
50DEMA: 7910
Parabolic SAR: 7942
RSI (14 days): 29.52
Supports: 7579 - 7545 - 7483
Resistance: 7675 - 7737 - 7771

Nifty Future VWAP: 7678.65
Nifty Future VIX Range: 7586 - 7711
MP Values Nifty Future: VAH - 7716, POC - 7682, VAL - 7648

BANKNIFTY TECHNICAL

Current Spot: 16660.75
Pivot: 16719
5DEMA: 16867
10DEMA: 16978
20DEMA: 17067
50DEMA: 17129
Parabolic SAR: 17481
RSI (14 days): 37.06
Supports: 16569 - 16477 - 16327
Resistance: 16811 - 16961 - 17053

Bank Nifty Future VWAP: 16798.77
Bank Nifty Future VIX Range: 16576 - 16930
MP Values Bank Nifty Future: VAH - 16870, POC - 16799, VAL - 16728

Thanks and Regards

MarketPulse S&P