Market outlook for 05/10/2016

Nifty closed up 31.05 points (0.36%) at 8769.15 while Future closed at 8799.70, premium of 30.55 points.
Bank Nifty closed up 83.65 points (0.43%) at 19672.70 while Future closed at 19784.80, premium of 112.10 points.

• FII bought in Cash (Net buy 344.13 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1263.08 Crore)
• DII sold in Cash (Net sell 172.23 Crore)
• Most Active Nifty Call Option: 8900 and 9000.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 941:675.
• McClellan's oscillator for NSE at +44.

NIFTY TECHNICAL

Current Spot: 8769.15
Pivot: 8763
5DEMA: 8718
10DEMA: 8728
20DEMA: 8737
50DEMA: 8684
Parabolic SAR: 8856
RSI (14 days): 52.86
Supports: 8742 - 8715 - 8695
Resistance: 8790 - 8811 - 8837

Nifty Future VWAP: 8791.72
Nifty Future VIX Range: 8727 - 8878
MP Values Nifty Future: VAH - 8802, POC - 8787, VAL - 8772

BANKNIFTY TECHNICAL

Current Spot: 19672.70
Pivot: 19649
5DEMA: 19553
10DEMA: 19609
20DEMA: 19649
50DEMA: 19400
Parabolic SAR: 19747
RSI (14 days): 51.61
Supports: 19551 - 19429 - 19331
Resistance: 19771 - 19869 - 19991

Bank Nifty Future VWAP: 19722.10
Bank Nifty Future VIX Range: 19587 - 20031
MP Values Bank Nifty Future: VAH - 19763, POC - 19694, VAL - 19625

Thanks and Regards

MarketPulse S&P