Market outlook for 25/01/2016

Nifty closed up 145.65 points (2.00%) at 7422.45 while Future closed at 7430.70, premium of 8.25 points.
Bank Nifty closed up 396.35 points (2.62%) at 15497.55 while Future closed at 15493.25, discount of 4.30 points.

• FII sold in Cash (Net sell 769.83 Crore)
• FII bought in index future, stock future and in index option (Net buy 2348.70 Crore)
• DII bought in Cash (Net buy 915.60 Crore)
• Most Active Nifty Call Option: 7400 and 7500.
• Most Active Nifty Put Options: 7400 and 7300.
• Advance Decline for the day was 1313:266.
• McClellan's oscillator for NSE at -37.

NIFTY TECHNICAL

Current Spot: 7422.45
Pivot: 7394
5DEMA: 7384
10DEMA: 7448
20DEMA: 7555
50DEMA: 7731
Parabolic SAR: 7482
RSI (14 days): 39.53
Supports: 7356 - 7289 - 7250
Resistance: 7461 - 7500 - 7567

Nifty Future VWAP: 7402.26
Nifty Future VIX Range: 7356 - 7516
MP Values Nifty Future: VAH - 7438, POC - 7423, VAL - 7385

BANKNIFTY TECHNICAL

Current Spot: 15497.55
Pivot: 15449
5DEMA: 15292
10DEMA: 15474
20DEMA: 15838
50DEMA: 16432
Parabolic SAR: 14755
RSI (14 days): 39.89
Supports: 15323 - 15149 - 15022
Resistance: 15624 - 15750 - 15925

Bank Nifty Future VWAP: 15459.07
Bank Nifty Future VIX Range: 15278 - 15736
MP Values Bank Nifty Future: VAH - 15604, POC - 15517, VAL - 15407

Thanks and Regards

MarketPulse S&P