Market outlook for 25/02/2016

Nifty closed down 90.85 points (1.28%) at 7018.70 while Future closed at 7019.05, premium of 0.35 points.
Bank Nifty closed down 214.30 points (1.53%) at 13794.05 while Future closed at 13790.55, discount of 3.50 points.

• FII sold in Cash (Net sell 730.99 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 290.82 Crore)
• DII bought in Cash (Net buy 605.88 Crore)
• Most Active Nifty Call Option: 7100 and 7200.
• Most Active Nifty Put Options: 7100 and 7000.
• Advance Decline for the day was 415:1124.
• McClellan's oscillator for NSE at -35.

NIFTY TECHNICAL

Current Spot: 7018.70
Pivot: 7040
5DEMA: 7113
10DEMA: 7152
20DEMA: 7234
50DEMA: 7424
Parabolic SAR: 7242
RSI (14 days): 36.96
Supports: 6989 - 6959 - 6908
Resistance: 7070 - 7121 - 7151

Nifty Future VWAP: 7057.66
Nifty Future VIX Range: 6931 - 7117
MP Values Nifty Future: VAH - 7078, POC - 7058, VAL - 7038

BANKNIFTY TECHNICAL

Current Spot: 13794.05
Pivot: 13843
5DEMA: 14078
10DEMA: 14243
20DEMA: 14565
50DEMA: 15303
Parabolic SAR: 14382
RSI (14 days): 31.32
Supports: 13711 - 13629 - 13497
Resistance: 13926 - 14057 - 14140

Bank Nifty Future VWAP: 13854.07
Bank Nifty Future VIX Range: 13572 - 14038
MP Values Bank Nifty Future: VAH - 13891, POC - 13822, VAL - 13763

Thanks and Regards

MarketPulse S&P