Market outlook for 14/12/2015

Nifty closed down 72.85 points (0.95%) at 7610.45 while Future closed at 7627.90, premium of 17.45 points.
Bank Nifty closed down 368.55 points (2.21%) at 16342.50 while Future closed at 16389.65, premium of 47.15 points.

• FII bought in Cash (Net buy 253.73 Crore)
• FII sold in index future but bought in index option, stock future (Net sell 593.27 Crore)
• DII bought in Cash (Net buy 292.88 Crore)
• Most Active Nifty Call Option: 7700 and 7800.
• Most Active Nifty Put Options: 7600 and 7500.
• Advance Decline for the day was 456:1082.
• McClellan's oscillator for NSE at -43.

NIFTY TECHNICAL

Current Spot: 7610.45
Pivot: 7630
5DEMA: 7679
10DEMA: 7740
20DEMA: 7809
50DEMA: 7887
Parabolic SAR: 7888
RSI (14 days): 33.16
Supports: 7556 - 7502 - 7428
Resistance: 7684 - 7757 - 7812

Nifty Future VWAP: 7642.99
Nifty Future VIX Range: 7564 - 7692
MP Values Nifty Future: VAH - 7664, POC - 7633, VAL - 7602

BANKNIFTY TECHNICAL

Current Spot: 16342.50
Pivot: 16454
5DEMA: 16658
10DEMA: 16823
20DEMA: 16968
50DEMA: 17080
Parabolic SAR: 17374
RSI (14 days): 31.84
Supports: 16149 - 15955 - 15650
Resistance: 16647 - 16952 - 17146

Bank Nifty Future VWAP: 16501.26
Bank Nifty Future VIX Range: 16203 - 16579
MP Values Bank Nifty Future: VAH - 16557, POC - 16370, VAL - 16294

Thanks and Regards

MarketPulse S&P