Market outlook for 15/09/2016

Nifty closed up 11.00 points (0.13%) at 8726.60 while Future closed at 8768.55, premium of 41.95 points.
Bank Nifty closed up 118.55 points (0.60%) at 19909.15 while Future closed at 20014.20, premium of 105.05 points.

• FII sold in Cash (Net sell 477.33 Crore)
• FII sold in index future, stock future but bought in index option (Net sell 1005.78 Crore)
• DII sold in Cash (Net sell 8.53 Crore)
• Most Active Nifty Call Option: 8800 and 8900.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 1092:531.
• McClellan's oscillator for NSE at -05.

NIFTY TECHNICAL

Current Spot: 8726.60
Pivot: 8718
5DEMA: 8792
10DEMA: 8789
20DEMA: 8744
50DEMA: 8609
Parabolic SAR: 8969
RSI (14 days): 51.26
Supports: 8697 - 8668 - 8646
Resistance: 8748 - 8769 - 8799

Nifty Future VWAP: 8748.61
Nifty Future VIX Range: 8709 - 8847
MP Values Nifty Future: VAH - 8766, POC - 8752, VAL - 8738

BANKNIFTY TECHNICAL

Current Spot: 19909.15
Pivot: 19865
5DEMA: 20019
10DEMA: 19941
20DEMA: 19687
50DEMA: 19137
Parabolic SAR: 20559
RSI (14 days): 59.52
Supports: 19776 - 19644 - 19555
Resistance: 19997 - 20086 - 20218

Bank Nifty Future VWAP: 19965.44
Bank Nifty Future VIX Range: 19817 - 20257
MP Values Bank Nifty Future: VAH - 20027, POC - 19974, VAL - 19921

Thanks and Regards

MarketPulse S&P