Market outlook for 30/10/2016

Nifty closed up 22.75 points (0.26%) at 8638.00 while Future closed at 8667.40, premium of 29.40 points.
Bank Nifty closed up 41.35 points (0.21%) at 19555.95 while Future closed at 19623.50, premium of 67.55 points.

• FII sold in Cash (Net sell 777.58 Crore)
• FII bought in stock future, index option but sold in index future (Net buy 1989.12 Crore)
• DII bought in Cash (Net buy 1124.08 Crore)
• Most Active Nifty Call Option: 8700 and 8800.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 982:656.
• McClellan's oscillator for NSE at -04.

NIFTY TECHNICAL

Current Spot: 8638.00
Pivot: 8628
5DEMA: 8644
10DEMA: 8654
20DEMA: 8671
50DEMA: 8687
Parabolic SAR: 8549
RSI (14 days): 46.36
Supports: 8602 - 8566 - 8540
Resistance: 8664 - 8690 - 8726

Nifty Future VWAP: 8629.12
Nifty Future VIX Range: 8599 - 8736
MP Values Nifty Future: VAH - 8681, POC - 8664, VAL - 8637

BANKNIFTY TECHNICAL

Current Spot: 19555.95
Pivot: 19503
5DEMA: 19576
10DEMA: 19552
20DEMA: 19536
50DEMA: 19463
Parabolic SAR: 19252
RSI (14 days): 50.77
Supports: 19415- 19275 - 19188
Resistance: 19643 - 19730 - 19871

Bank Nifty Future VWAP: 19486.50
Bank Nifty Future VIX Range: 19416 - 19831
MP Values Bank Nifty Future: VAH - 19677, POC - 19615, VAL - 19553

Thanks and Regards

MarketPulse S&P

Market outlook for 28/10/2016

Nifty closed flat at 8615.25 while Future closed at 8655.25, premium of 40.00 points.
Bank Nifty closed up 31.00 points (0.16%) at 19514.60 while Future closed at 19593.30, premium of 78.70 points.

• FII sold in Cash (Net sell 469.93 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 2471.06 Crore)
• DII bought in Cash (Net buy 856.50 Crore)
• Most Active Nifty Call Option: 8800 and 9000.
• Most Active Nifty Put Options: 8600 and 8500.
• Advance Decline for the day was 545:1086.
• McClellan's oscillator for NSE at -16.

NIFTY TECHNICAL

Current Spot: 8615.25
Pivot: 8597
5DEMA: 8646
10DEMA: 8657
20DEMA: 8674
50DEMA: 8688
Parabolic SAR: 8541
RSI (14 days): 44.30
Supports: 8569 - 8522 - 8494
Resistance: 8643 - 8671 - 8718

Nifty Future VWAP: 8629.12
Nifty Future VIX Range: 8586 - 8724
MP Values Nifty Future: VAH - 8648, POC - 8628, VAL - 8608

BANKNIFTY TECHNICAL

Current Spot: 19514.60
Pivot: 19437
5DEMA: 19586
10DEMA: 19551
20DEMA: 19535
50DEMA: 19485
Parabolic SAR: 19009
RSI (14 days): 49.43
Supports: 19330- 19145 - 19038
Resistance: 19622 - 19729 - 19914

Bank Nifty Future VWAP: 19486.50
Bank Nifty Future VIX Range: 19403 - 19827
MP Values Bank Nifty Future: VAH - 19614, POC - 19530, VAL - 19446

Thanks and Regards

MarketPulse S&P