Market outlook for 07/04/2016

Nifty closed up 11.15 points (0.15%) at 7614.35 while Future closed at 7634.70, premium of 20.35 points.
Bank Nifty closed down 58.05 points (0.37%) at 15636.95 while Future closed at 15706.05, premium of 69.10 points.

• FII sold in Cash (Net sell 493.56 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 1030.17 Crore)
• DII bought in Cash (Net buy 258.68 Crore)
• Most Active Nifty Call Option: 7700 and 7800.
• Most Active Nifty Put Options: 7600 and 7500.
• Advance Decline for the day was 1077:472.
• McClellan's oscillator for NSE at +45.

NIFTY TECHNICAL

Current Spot: 7614.35
Pivot: 7615
5DEMA: 7658
10DEMA: 7652
20DEMA: 7588
50DEMA: 7505
Parabolic SAR: 7774
RSI (14 days): 53.68
Supports: 7591 - 7568 - 7544
Resistance: 7638 - 7662 - 7685

Nifty Future VWAP: 7630.96
Nifty Future VIX Range: 7555 - 7725
MP Values Nifty Future: VAH - 7712, POC - 7659, VAL - 7610

BANKNIFTY TECHNICAL

Current Spot: 15636.95
Pivot: 15661
5DEMA: 15846
10DEMA: 15826
20DEMA: 15620
50DEMA: 15404
Parabolic SAR: 16269
RSI (14 days): 52.57
Supports: 15554 - 15471 - 15364
Resistance: 15744 - 15851 - 15934

Bank Nifty Future VWAP: 15738.90
Bank Nifty Future VIX Range: 15482 - 15978
MP Values Bank Nifty Future: VAH - 16113, POC - 15942, VAL - 15771

Thanks and Regards

MarketPulse S&P