Market outlook for 20/04/2016

Nifty closed up 64.25 points (0.82%) at 7914.70 while Future closed at 7920.30, premium of 5.60 points.
Bank Nifty closed down 55.85 points (0.34%) at 16222.70 while Future closed at 16237.35, premium of 14.65 points.

• FII bought in Cash (Net buy 977.98 Crore)
• FII bought in index future, index option and in stock future (Net buy 2237.17 Crore)
• DII sold in Cash (Net sell 313.22 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 886:684.
• McClellan's oscillator for NSE at +59.

NIFTY TECHNICAL

Current Spot: 7914.70
Pivot: 7893
5DEMA: 7784
10DEMA: 7723
20DEMA: 7652
50DEMA: 7520
Parabolic SAR: 7525
RSI (14 days): 68.03
Supports: 7865 - 7815 - 7787
Resistance: 7943 - 7971 - 8020

Nifty Future VWAP: 7895.06
Nifty Future VIX Range: 7830 - 8006
MP Values Nifty Future: VAH - 7914, POC - 7892, VAL - 7870

BANKNIFTY TECHNICAL

Current Spot: 16222.70
Pivot: 16188
5DEMA: 16038
10DEMA: 15931
20DEMA: 15757
50DEMA: 15396
Parabolic SAR: 15458
RSI (14 days): 63.82
Supports: 16046 - 15870 - 15728
Resistance: 16365 - 16507 - 16684

Bank Nifty Future VWAP: 16196.57
Bank Nifty Future VIX Range: 15988 - 16472
MP Values Bank Nifty Future: VAH - 16326, POC - 16240, VAL - 16154

Thanks and Regards

MarketPulse S&P