Market outlook for 13/04/2016

Nifty closed up 37.55 points (0.49%) at 7708.95 while Future closed at 7732.80, premium of 23.85 points.
Bank Nifty closed up 61.70 points (0.39%) at 15880.20 while Future closed at 15936.75, premium of 56.55 points.

• FII bought in Cash (Net buy 307.72 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1908.49 Crore)
• DII sold in Cash (Net sell 61.74 Crore)
• Most Active Nifty Call Option: 7700 and 7800.
• Most Active Nifty Put Options: 7700 and 7600.
• Advance Decline for the day was 960:604.
• McClellan's oscillator for NSE at +51.

NIFTY TECHNICAL

Current Spot: 7708.95
Pivot: 7697
5DEMA: 7652
10DEMA: 7643
20DEMA: 7601
50DEMA: 7505
Parabolic SAR: 7727
RSI (14 days): 58.99
Supports: 7676 - 7643 - 7622
Resistance: 7730 - 7751 - 7784

Nifty Future VWAP: 7715.33
Nifty Future VIX Range: 7647 - 7813
MP Values Nifty Future: VAH - 7727, POC - 7712, VAL - 7697

BANKNIFTY TECHNICAL

Current Spot: 15880.20
Pivot: 15878
5DEMA: 15779
10DEMA: 15774
20DEMA: 15650
50DEMA: 15393
Parabolic SAR: 16088
RSI (14 days): 58.00
Supports: 15797 - 15713 - 15632
Resistance: 15961 - 16042 - 16126

Bank Nifty Future VWAP: 15919.20
Bank Nifty Future VIX Range: 15716 - 16180
MP Values Bank Nifty Future: VAH - 15956, POC - 15918, VAL - 15876

Thanks and Regards

MarketPulse S&P