Market outlook for 25/10/2016

Nifty closed up 15.90 points (0.18%) at 8708.95 while Future closed at 8720.25, premium of 11.30 points.
Bank Nifty closed up 97.00 points (0.49%) at 19807.90 while Future closed at 19820.70, premium of 12.80 points.

• FII sold in Cash (Net sell 325.13 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 578.56 Crore)
• DII bought in Cash (Net buy 333.26 Crore)
• Most Active Nifty Call Option: 8700 and 8800.
• Most Active Nifty Put Options: 8700 and 8600.
• Advance Decline for the day was 936:701.
• McClellan's oscillator for NSE at +35.

NIFTY TECHNICAL

Current Spot: 8708.95
Pivot: 8710
5DEMA: 8683
10DEMA: 8675
20DEMA: 8687
50DEMA: 8695
Parabolic SAR: 8515
RSI (14 days): 51.22
Supports: 8683 - 8657 - 8630
Resistance: 8736 - 8763 - 8789

Nifty Future VWAP: 8721.77
Nifty Future VIX Range: 8650 - 8796
MP Values Nifty Future: VAH - 8732, POC - 8718, VAL - 8704

BANKNIFTY TECHNICAL

Current Spot: 19807.90
Pivot: 19819
5DEMA: 19618
10DEMA: 19519
20DEMA: 19512
50DEMA: 19466
Parabolic SAR: 18846
RSI (14 days): 57.21
Supports: 19740- 19673 - 19594
Resistance: 19887 - 19965 - 20033

Bank Nifty Future VWAP: 19832.60
Bank Nifty Future VIX Range: 19613 - 20045
MP Values Bank Nifty Future: VAH - 19865, POC - 19826, VAL - 19787

Thanks and Regards

MarketPulse S&P