Market outlook for 26/04/2016

Nifty closed down 44.25 points (0.56%) at 7855.05 while Future closed at 7865.00, premium of 9.95 points.
Bank Nifty closed down 24.75 points (0.15%) at 16678.65 while Future closed at 16689.45, premium of 10.80 points.

• FII bought in Cash (Net buy 222.34 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 592.04 Crore)
• DII sold in Cash (Net sell 747.95 Crore)
• Most Active Nifty Call Option: 7900 and 8000.
• Most Active Nifty Put Options: 7900 and 7800.
• Advance Decline for the day was 564:1007.
• McClellan's oscillator for NSE at +14.

NIFTY TECHNICAL

Current Spot: 7855.05
Pivot: 7864
5DEMA: 7865
10DEMA: 7815
20DEMA: 7732
50DEMA: 7583
Parabolic SAR: 7631
RSI (14 days): 62.29
Supports: 7818 - 7780 - 7734
Resistance: 7902 - 7948 - 7986

Nifty Future VWAP: 7862.30
Nifty Future VIX Range: 7799 - 7955
MP Values Nifty Future: VAH - 7871, POC - 7849, VAL - 7832

BANKNIFTY TECHNICAL

Current Spot: 16678.65
Pivot: 16684
5DEMA: 16519
10DEMA: 16309
20DEMA: 16038
50DEMA: 15622
Parabolic SAR: 15673
RSI (14 days): 69.49
Supports: 16600 - 16521 - 16437
Resistance: 16763 - 16847 - 16926

Bank Nifty Future VWAP: 16676.57
Bank Nifty Future VIX Range: 16495 - 16959
MP Values Bank Nifty Future: VAH - 16705, POC - 16653, VAL - 16601

Thanks and Regards

MarketPulse S&P