Market outlook for 30/12/2015

Nifty closed up 3.80 points (0.05%) at 7928.95 while Future closed at 7932.05, premium of 3.10 points.
Bank Nifty closed up 12.30 points (0.07%) at 16991.45 while Future closed at 17010.80, discount of 19.35 points.

• FII bought in Cash (Net buy 8.49 Crore)
• FII bought in index future, stock future but sold in index option (Net buy 184.12 Crore)
• DII bought in Cash (Net buy 6.44 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 650:916.
• McClellan's oscillator for NSE at +28.

NIFTY TECHNICAL

Current Spot: 7928.95
Pivot: 7925
5DEMA: 7883
10DEMA: 7842
20DEMA: 7826
50DEMA: 7866
Parabolic SAR: 7635
RSI (14 days): 57.56
Supports: 7907 - 7885 - 7868
Resistance: 7946 - 7964 - 7986

Nifty Future VWAP: 7921.44
Nifty Future VIX Range: 7877 - 8001
MP Values Nifty Future: VAH - 7936, POC - 7926, VAL - 7916

BANKNIFTY TECHNICAL

Current Spot: 16991.45
Pivot: 16986
5DEMA: 16893
10DEMA: 16826
20DEMA: 16841
50DEMA: 17004
Parabolic SAR: 16267
RSI (14 days): 53.60
Supports: 16927 - 16862 - 16802
Resistance: 17051 - 17110 - 17175

Bank Nifty Future VWAP: 16954.16
Bank Nifty Future VIX Range: 16861 - 17188
MP Values Bank Nifty Future: VAH - 16993, POC - 16933, VAL - 16897

Thanks and Regards

MarketPulse S&P