Market outlook for 04/04/2016

Nifty closed down 25.35 points (0.33%) at 7713.05 while Future closed at 7748.75, premium of 35.70 points.
Bank Nifty closed up 33.25 points (0.21%) at 16174.90 while Future closed at 16253.15, premium of 78.25 points.

• FII bought in Cash (Net buy 214.01 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 122.42 Crore)
• DII sold in Cash (Net sell 519.91 Crore)
• Most Active Nifty Call Option: 7800 and 8000.
• Most Active Nifty Put Options: 7700 and 7600.
• Advance Decline for the day was 1086:468.
• McClellan's oscillator for NSE at +47.

NIFTY TECHNICAL

Current Spot: 7713.05
Pivot: 7706
5DEMA: 7697
10DEMA: 7653
20DEMA: 7566
50DEMA: 7506
Parabolic SAR: 7586
RSI (14 days): 61.77
Supports: 7673 - 7632 - 7599
Resistance: 7747 - 7780 - 7821

Nifty Future VWAP: 7738.43
Nifty Future VIX Range: 7666 - 7834
MP Values Nifty Future: VAH – 7749, POC - 7733, VAL - 7717

BANKNIFTY TECHNICAL

Current Spot: 16174.90
Pivot: 16144
5DEMA: 16021
10DEMA: 15843
20DEMA: 15550
50DEMA: 15403
Parabolic SAR: 15834
RSI (14 days): 67.04
Supports: 16052 - 15929 - 15837
Resistance: 16267 - 16359 - 16482

Bank Nifty Future VWAP: 16193.07
Bank Nifty Future VIX Range: 16000 - 16489
MP Values Bank Nifty Future: VAH - 16233, POC - 16156, VAL - 16093

Thanks and Regards

MarketPulse S&P