Market outlook for 11/07/2016

Nifty closed down 14.70 points (0.18%) at 8323.20 while Future closed at 8336.45, premium of 13.25 points.
Bank Nifty closed down 68.65 points (0.38%) at 18016.25 while Future closed at 18059.50, premium of 43.25 points.

• FII bought in Cash (Net buy 330.62 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 432.05 Crore)
• DII sold in Cash (Net sell 512.67 Crore)
• Most Active Nifty Call Option: 8400 and 8500.
• Most Active Nifty Put Options: 8300 and 8200.
• Advance Decline for the day was 617:988.
• McClellan's oscillator for NSE at +26.

NIFTY TECHNICAL

Current Spot: 8323.20
Pivot: 8321
5DEMA: 8318
10DEMA: 8283
20DEMA: 8230
50DEMA: 8096
Parabolic SAR: 8029
RSI (14 days): 61.00
Supports: 8289 - 8256 - 8224
Resistance: 8355 - 8387 - 8421

Nifty Future VWAP: 8324.96
Nifty Future VIX Range: 8275 - 8410
MP Values Nifty Future: VAH - 8345, POC - 8329, VAL - 8313

BANKNIFTY TECHNICAL

Current Spot: 18016.25
Pivot: 18002
5DEMA: 17997
10DEMA: 17911
20DEMA: 17777
50DEMA: 17365
Parabolic SAR: 17228
RSI (14 days): 60.62
Supports: 17925 - 17834 - 17757
Resistance: 18093 - 18170 - 18262

Bank Nifty Future VWAP: 18030.70
Bank Nifty Future VIX Range: 17892 - 18255
MP Values Bank Nifty Future: VAH - 18064, POC - 18025, VAL - 17986

Thanks and Regards

MarketPulse S&P