Market outlook for 12/04/2016

Nifty closed up 116.20 points (1.54%) at 7671.40 while Future closed at 7702.10, premium of 30.70 points.
Bank Nifty closed up 250.15 points (1.61%) at 15818.50 while Future closed at 15896.05, premium of 77.55 points.

• FII bought in Cash (Net buy 107.23 Crore)
• FII bought in index option but sold in index future, stock future (Net buy 21.17 Crore)
• DII bought in Cash (Net sell 303.88 Crore)
• Most Active Nifty Call Option: 7600 and 7700.
• Most Active Nifty Put Options: 7600 and 7500.
• Advance Decline for the day was 930:624.
• McClellan's oscillator for NSE at +45.

NIFTY TECHNICAL

Current Spot: 7671.40
Pivot: 7622
5DEMA: 7623
10DEMA: 7628
20DEMA: 7590
50DEMA: 7502
Parabolic SAR: 7745
RSI (14 days): 56.96
Supports: 7566 - 7460 - 7404
Resistance: 7728 - 7784 - 7890

Nifty Future VWAP: 7627.79
Nifty Future VIX Range: 7611 - 7780
MP Values Nifty Future: VAH - 7686, POC - 7629, VAL - 7572

BANKNIFTY TECHNICAL

Current Spot: 15818.50
Pivot: 15704
5DEMA: 15728
10DEMA: 15750
20DEMA: 15627
50DEMA: 15398
Parabolic SAR: 16145
RSI (14 days): 56.58
Supports: 15555 - 15291 - 15141
Resistance: 15968 - 16118 - 16382

Bank Nifty Future VWAP: 15703.18
Bank Nifty Future VIX Range: 15638 - 16114
MP Values Bank Nifty Future: VAH - 15824, POC - 15688, VAL - 15552

Thanks and Regards

MarketPulse S&P