Market outlook for 25/05/2016

Nifty closed up 17.80 points (0.23%) at 7748.85 while Future closed at 7759.30, premium of 10.45 points.
Bank Nifty closed up 49.10 points (0.30%) at 16456.65 while Future closed at 16488.10, premium of 31.45 points.

• FII sold in Cash (Net sell 815.53 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 827.64 Crore)
• DII bought in Cash (Net buy 989.95 Crore)
• Most Active Nifty Call Option: 7800 and 7900.
• Most Active Nifty Put Options: 7700 and 7600.
• Advance Decline for the day was 492:1075.
• McClellan's oscillator for NSE at -60.

NIFTY TECHNICAL

Current Spot: 7748.85
Pivot: 7742
5DEMA: 7771
10DEMA: 7796
20DEMA: 7800
50DEMA: 7687
Parabolic SAR: 7940
RSI (14 days): 47.85
Supports: 7723 - 7696 - 7677
Resistance: 7768 - 7788 - 7814

Nifty Future VWAP: 7745.23
Nifty Future VIX Range: 7696 - 7828
MP Values Nifty Future: VAH - 7760, POC - 7747, VAL - 7734

BANKNIFTY TECHNICAL

Current Spot: 16456.65
Pivot: 16442
5DEMA: 16516
10DEMA: 16569
20DEMA: 16531
50DEMA: 16071
Parabolic SAR: 16302
RSI (14 days): 51.21
Supports: 16383 - 16310 - 16251
Resistance: 16516 - 16575 - 16648

Bank Nifty Future VWAP: 16441.32
Bank Nifty Future VIX Range: 16341 - 16697
MP Values Bank Nifty Future: VAH - 16485, POC - 16450, VAL - 16415

Thanks and Regards

MarketPulse S&P