Market outlook for 30/06/2016

Nifty closed up 76.15 points (0.94%) at 8204.00 while Future closed at 8204.50, premium of 0.50 points.
Bank Nifty closed up 128.35 points (0.73%) at 17689.90 while Future closed at 17696.95, premium of 7.05 points.

• FII bought in Cash (Net buy 102.91 Crore)
• FII bought in index future, stock future and index option (Net buy 1670.60 Crore)
• DII sold in Cash (Net sell 20.19 Crore)
• Most Active Nifty Call Option: 8200 and 8300.
• Most Active Nifty Put Options: 8200 and 8100.
• Advance Decline for the day was 1177:396.
• McClellan's oscillator for NSE at +39.

NIFTY TECHNICAL

Current Spot: 8204.00
Pivot: 8191
5DEMA: 8163
10DEMA: 8167
20DEMA: 8146
50DEMA: 8026
Parabolic SAR: 8265
RSI (14 days): 56.36
Supports: 8170 - 8137 - 8116
Resistance: 8225 - 8246 - 8280

Nifty Future VWAP: 8185.00
Nifty Future VIX Range: 8130 - 8278
MP Values Nifty Future: VAH - 8198, POC - 8181, VAL - 8164

BANKNIFTY TECHNICAL

Current Spot: 17689.90
Pivot: 17666
5DEMA: 17620
10DEMA: 17635
20DEMA: 17573
50DEMA: 17175
Parabolic SAR: 17745
RSI (14 days): 55.73
Supports: 17604 - 17518 - 17456
Resistance: 17752 - 17815 - 17901

Bank Nifty Future VWAP: 17671.34
Bank Nifty Future VIX Range: 17481 - 17879
MP Values Bank Nifty Future: VAH - 17723, POC - 17678, VAL - 17633

Thanks and Regards

MarketPulse S&P