Market outlook for 25/08/2016

Nifty closed up 17.70 points (0.21%) at 8650.30 while Future closed at 8654.65, premium of 4.35 points.
Bank Nifty closed up 13.95 points (0.07%) at 19355.60 while Future closed at 19376.00, premium of 20.40 points.

• FII sold in Cash (Net sell 39.28 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1118.62 Crore)
• DII bought in Cash (Net buy 129.18 Crore)
• Most Active Nifty Call Option: 8700 and 8800.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 948:651.
• McClellan's oscillator for NSE at +07.

NIFTY TECHNICAL

Current Spot: 8650.30
Pivot: 8644
5DEMA: 8644
10DEMA: 8640
20DEMA: 8614
50DEMA: 8469
Parabolic SAR: 8580
RSI (14 days): 57.24
Supports: 8627 - 8604 - 8587
Resistance: 8667 - 8684 - 8707

Nifty Future VWAP: 8642.51
Nifty Future VIX Range: 8601 - 8708
MP Values Nifty Future: VAH - 8653, POC - 8640, VAL - 8627

BANKNIFTY TECHNICAL

Current Spot: 19355.60
Pivot: 19344
5DEMA: 19299
10DEMA: 19180
20DEMA: 19008
50DEMA: 18532
Parabolic SAR: 18792
RSI (14 days): 66.05
Supports: 19296 - 19236 - 19188
Resistance: 19404 - 19452 - 19512

Bank Nifty Future VWAP: 19333.32
Bank Nifty Future VIX Range: 19194 - 19542
MP Values Bank Nifty Future: VAH - 19357, POC - 19322, VAL - 19287

Thanks and Regards

MarketPulse S&P