Market outlook for 10/08/2016

Nifty closed down 33.10 points (0.38%) at 8678.25 while Future closed at 8702.55, premium of 24.30 points.
Bank Nifty closed down 6.15 points (0.03%) at 18933.30 while Future closed at 19007.10, premium of 73.80 points.

• FII bought in Cash (Net buy 144.15 Crore)
• FII sold in stock future but bought in index future, index option (Net sell 198.28 Crore)
• DII sold in Cash (Net sell 610.15 Crore)
• Most Active Nifty Call Option: 8700 and 8800.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 611:987.
• McClellan's oscillator for NSE at -15.

NIFTY TECHNICAL

Current Spot: 8678.25
Pivot: 8682
5DEMA: 8658
10DEMA: 8631
20DEMA: 8572
50DEMA: 8398
Parabolic SAR: 8522
RSI (14 days): 63.16
Supports: 8635 - 8591 - 8545
Resistance: 8725 - 8772 - 8815

Nifty Future VWAP: 8702.16
Nifty Future VIX Range: 8637 - 8759
MP Values Nifty Future: VAH - 8720, POC - 8696, VAL - 8672

BANKNIFTY TECHNICAL

Current Spot: 18933.30
Pivot: 18927
5DEMA: 18862
10DEMA: 18829
20DEMA: 18717
50DEMA: 18259
Parabolic SAR: 19036
RSI (14 days): 60.26
Supports: 18845 - 18757 - 18676
Resistance: 19015 - 19096 - 19184

Bank Nifty Future VWAP: 18988.60
Bank Nifty Future VIX Range: 18827 - 19181
MP Values Bank Nifty Future: VAH - 19031, POC - 18991, VAL - 18951

Thanks and Regards

MarketPulse S&P