Market outlook for 16/02/2016

Nifty closed up 182.00 points (2.61%) at 7162.95 while Future closed at 7161.45, discount of 1.50 points.
Bank Nifty closed up 473.50 points (3.39%) at 14445.00 while Future closed at 14430.75, discount of 14.25 points.

• FII sold huge in Cash (Net sell 1311.59 Crore)
• FII bought in index future, stock future and in index option (Net buy 2590.04 Crore)
• DII bought huge in Cash (Net buy 1987.45 Crore)
• Most Active Nifty Call Option: 7300 and 7200.
• Most Active Nifty Put Options: 7100 and 7000.
• Advance Decline for the day was 1331:237.
• McClellan's oscillator for NSE at -36.

NIFTY TECHNICAL

Current Spot: 7162.95
Pivot: 7134
5DEMA: 7144
10DEMA: 7232
20DEMA: 7341
50DEMA: 7516
Parabolic SAR: 7472
RSI (14 days): 39.37
Supports: 7086 - 7008 - 6960
Resistance: 7212 - 7260 - 7338

Nifty Future VWAP: 7146.99
Nifty Future VIX Range: 7058 - 7258
MP Values Nifty Future: VAH - 7192, POC - 7164, VAL - 7131

BANKNIFTY TECHNICAL

Current Spot: 14445.00
Pivot: 14371
5DEMA: 14403
10DEMA: 14640
20DEMA: 14998
50DEMA: 15693
Parabolic SAR: 15049
RSI (14 days): 36.84
Supports: 14194 - 13944 - 13367
Resistance: 14622 - 14799 - 15050

Bank Nifty Future VWAP: 14391.20
Bank Nifty Future VIX Range: 14162 - 14676
MP Values Bank Nifty Future: VAH - 14538, POC - 14455, VAL - 14278

Thanks and Regards

MarketPulse S&P