Market outlook for 29/09/2016

Nifty closed down 153.90 points (1.76%) at 8591.25 while Future closed at 8638.25, premium of 47.00 points.
Bank Nifty closed down 469.90 points (2.39%) at 19183.65 while Future closed at 19331.55, premium of 147.90 points.

  • FII bought in Cash (Net buy 3413.37 Crore)
  • FII bought in index future but sold in stock future, index option (Net buy 533.56 Crore)
  • DII bought in Cash (Net buy 1630.88 Crore)
  • Most Active Nifty Call Option: 8800 and 9000.
  • Most Active Nifty Put Options: 8600 and 8500.
  • Advance Decline for the day was 126:1532.
  • McClellan’s oscillator for NSE at -40.

NIFTY TECHNICAL

Current Spot: 8591.25
Pivot: 8650
5DEMA: 8700
10DEMA: 8737
20DEMA: 8745
50DEMA: 8667
Parabolic SAR: 8910
RSI (14 days): 40.36
Supports: 8499 – 8408 – 8257
Resistance: 8742 – 8892 – 8984

Nifty Future VWAP: 8707.77
Nifty Future VIX Range: 8573 – 8716
MP Values Nifty Future: VAH – 8709, POC – 8648, VAL – 8609

BANKNIFTY TECHNICAL

Current Spot: 19183.65
Pivot: 19345
5DEMA: 19527
10DEMA: 19666
20DEMA: 19691
50DEMA: 19349
Parabolic SAR: 20001
RSI (14 days): 39.95
Supports: 18897 – 18611 – 18163
Resistance: 19632 – 20079 – 20366

Bank Nifty Future VWAP: 19495.06
Bank Nifty Future VIX Range: 19142 – 19578
MP Values Bank Nifty Future: VAH – 19524, POC – 19374, VAL – 19224

Thanks and Regards

MarketPulse S&P

Market outlook for 29/09/2016

Nifty closed up 38.75 points (0.45%) at 8745.15 while Future closed at 8758.45, premium of 13.30 points.
Bank Nifty closed up 134.85 points (0.69%) at 19653.55 while Future closed at 19691.70, premium of 38.15 points.

  • FII bought in Cash (Net buy 73.83 Crore)
  • FII bought in index future, index option but sold in stock future (Net buy 1338.61 Crore)
  • DII sold in Cash (Net sell 69.53 Crore)
  • Most Active Nifty Call Option: 8800 and 8900.
  • Most Active Nifty Put Options: 8700 and 8600.
  • Advance Decline for the day was 1037:583.
  • McClellan’s oscillator for NSE at +01.

NIFTY TECHNICAL

Current Spot: 8745.15
Pivot: 8738
5DEMA: 8755
10DEMA: 8769
20DEMA: 8761
50DEMA: 8664
Parabolic SAR: 8918
RSI (14 days): 50.57
Supports: 8710 – 8675 – 8646
Resistance: 8774 – 8802 – 8838

Nifty Future VWAP: 8747.11
Nifty Future VIX Range: 8697 – 8821
MP Values Nifty Future: VAH – 8778, POC – 8758, VAL – 8738

BANKNIFTY TECHNICAL

Current Spot: 19653.55
Pivot: 19621
5DEMA: 19698
10DEMA: 19773
20DEMA: 19744
50DEMA: 19345
Parabolic SAR: 20106
RSI (14 days): 50.12
Supports: 19542 – 19431 – 19352
Resistance: 19732 – 19811 – 19923

Bank Nifty Future VWAP: 19651.88
Bank Nifty Future VIX Range: 19504 – 19893
MP Values Bank Nifty Future: VAH – 19695, POC – 19641, VAL – 19587

Thanks and Regards

MarketPulse S&P

Market outlook for 28/09/2016

Nifty closed down 16.65 points (0.19%) at 8706.40 while Future closed at 8716.55, premium of 10.15 points.
Bank Nifty closed down 73.05 points (0.37%) at 19518.70 while Future closed at 19558.90, premium of 40.20 points.

  • FII sold in Cash (Net sell 155.76 Crore)
  • FII bought in index option but sold in index future, stock future (Net buy 839.42 Crore)
  • DII bought in Cash (Net buy 90.67 Crore)
  • Most Active Nifty Call Option: 8700 and 8800.
  • Most Active Nifty Put Options: 8800 and 8700.
  • Advance Decline for the day was 687:928.
  • McClellan’s oscillator for NSE at -17.

NIFTY TECHNICAL

Current Spot: 8706.40
Pivot: 8722
5DEMA: 8759
10DEMA: 8774
20DEMA: 8763
50DEMA: 8658
Parabolic SAR: 8922
RSI (14 days): 47.51
Supports: 8675 – 8644 – 8597
Resistance: 8753 – 8800 – 8831

Nifty Future VWAP: 8742.59
Nifty Future VIX Range: 8666 – 8793
MP Values Nifty Future: VAH – 8776, POC – 8758, VAL – 8723

BANKNIFTY TECHNICAL

Current Spot: 19518.70
Pivot: 19565
5DEMA: 19720
10DEMA: 19800
20DEMA: 19753
50DEMA: 19329
Parabolic SAR: 20176
RSI (14 days): 46.46
Supports: 19433 – 19347 – 19216
Resistance: 19650 – 19782 – 19868

Bank Nifty Future VWAP: 19633.79
Bank Nifty Future VIX Range: 19392 – 19784
MP Values Bank Nifty Future: VAH – 19701, POC – 19632, VAL – 19563

Thanks and Regards

MarketPulse S&P

Market outlook for 27/09/2016

Nifty closed down 108.50 points (1.23%) at 8723.05 while Future closed at 8735.15, premium of 12.10 points.
Bank Nifty closed down 310.05 points (1.56%) at 19591.75 while Future closed at 19644.90, premium of 53.15 points.

  • FII sold in Cash (Net sell 206.40 Crore)
  • FII sold in index future, stock future but bought in index option (Net sell 1772.76 Crore)
  • DII sold in Cash (Net sell 113.35 Crore)
  • Most Active Nifty Call Option: 8800 and 8900.
  • Most Active Nifty Put Options: 8800 and 8700.
  • Advance Decline for the day was 524:1100.
  • McClellan’s oscillator for NSE at -13.

NIFTY TECHNICAL

Current Spot: 8723.05
Pivot: 8749
5DEMA: 8786
10DEMA: 8789
20DEMA: 8769
50DEMA: 8656
Parabolic SAR: 8927
RSI (14 days): 48.72
Supports: 8689 – 8655 – 8594
Resistance: 8783 – 8844 – 8878

Nifty Future VWAP: 8865.12
Nifty Future VIX Range: 8668 – 8798
MP Values Nifty Future: VAH – 8782, POC – 8752, VAL – 8727

BANKNIFTY TECHNICAL

Current Spot: 19591.75
Pivot: 19651
5DEMA: 19821
10DEMA: 19862
20DEMA: 19778
50DEMA: 19321
Parabolic SAR: 20236
RSI (14 days): 48.22
Supports: 19509 – 19426 – 19283
Resistance: 19734 – 19877 – 19960

Bank Nifty Future VWAP: 19723.45
Bank Nifty Future VIX Range: 19443 – 19847
MP Values Bank Nifty Future: VAH – 19839, POC – 19783, VAL – 19678

Thanks and Regards

MarketPulse S&P

Market outlook for 26/09/2016

Nifty closed down 35.90 points (0.40%) at 8831.55 while Future closed at 8843.65, premium of 12.10 points.
Bank Nifty closed down 207.80 points (1.03%) at 19901.80 while Future closed at 19948.50, premium of 46.70 points.

  • FII sold in Cash (Net sell 299.98 Crore)
  • FII sold in index option, stock future but bought in index future (Net sell 783.04 Crore)
  • DII bought in Cash (Net buy 496.14 Crore)
  • Most Active Nifty Call Option: 8900 and 9000.
  • Most Active Nifty Put Options: 8900 and 8800.
  • Advance Decline for the day was 619:998.
  • McClellan’s oscillator for NSE at +03.

NIFTY TECHNICAL

Current Spot: 8831.55
Pivot: 8846
5DEMA: 8817
10DEMA: 8804
20DEMA: 8774
50DEMA: 8653
Parabolic SAR: 8932
RSI (14 days): 57.57
Supports: 8806 – 8781 – 8741
Resistance: 8871 – 8911 – 8936

Nifty Future VWAP: 8865.12
Nifty Future VIX Range: 8771 – 8895
MP Values Nifty Future: VAH – 8888, POC – 8874, VAL – 8852

BANKNIFTY TECHNICAL

Current Spot: 19901.80
Pivot: 19967
5DEMA: 19935
10DEMA: 19922
20DEMA: 19798
50DEMA: 19310
Parabolic SAR: 20279
RSI (14 days): 56.70
Supports: 19796 – 19691 – 19520
Resistance: 20072 – 20243 – 20349

Bank Nifty Future VWAP: 20036.72
Bank Nifty Future VIX Range: 19733 – 20125
MP Values Bank Nifty Future: VAH – 20143, POC – 20065, VAL – 19987

Thanks and Regards

MarketPulse S&P

Market outlook for 23/09/2016

Nifty closed up 90.30 points (1.03%) at 8867.45 while Future closed at 8884.45, premium of 17.00 points.
Bank Nifty closed up 281.15 points (1.42%) at 20109.60 while Future closed at 20162.10, premium of 52.50 points.

  • FII bought in Cash (Net buy 336.87 Crore)
  • FII sold in index future, stock future but bought in index option (Net sell 94.91 Crore)
  • DII bought in Cash (Net sell 310.35 Crore)
  • Most Active Nifty Call Option: 8900 and 9000.
  • Most Active Nifty Put Options: 8800 and 8700.
  • Advance Decline for the day was 1079:536.
  • McClellan’s oscillator for NSE at +16.

NIFTY TECHNICAL

Current Spot: 8867.45
Pivot: 8866
5DEMA: 8810
10DEMA: 8798
20DEMA: 8768
50DEMA: 8655
Parabolic SAR: 8937
RSI (14 days): 60.45
Supports: 8839 – 8811 – 8784
Resistance: 8895 – 8922 – 8950

Nifty Future VWAP: 8886.62
Nifty Future VIX Range: 8815 – 8942
MP Values Nifty Future: VAH – 8907, POC – 8892, VAL – 8877

BANKNIFTY TECHNICAL

Current Spot: 20109.60
Pivot: 20124
5DEMA: 19952
10DEMA: 19927
20DEMA: 19787
50DEMA: 19296
Parabolic SAR: 20314
RSI (14 days): 63.24
Supports: 19983 – 19856 – 19715
Resistance: 20251 – 20392 – 20519

Bank Nifty Future VWAP: 20175.94
Bank Nifty Future VIX Range: 19947 – 20343
MP Values Bank Nifty Future: VAH – 20249, POC – 20163, VAL – 20077

Thanks and Regards

MarketPulse S&P

Market outlook for 22/09/2016

Nifty closed up 1.25 points (0.01%) at 8777.15 while Future closed at 8806.95, premium of 29.80 points.
Bank Nifty closed down 23.85 points (0.12%) at 19828.45 while Future closed at 19901.15, premium of 72.70 points.

  • FII bought in Cash (Net buy 183.85 Crore)
  • FII sold in stock future, index option but bought in index future (Net sell 541.74 Crore)
  • DII sold in Cash (Net sell 230.59 Crore)
  • Most Active Nifty Call Option: 8800 and 8900.
  • Most Active Nifty Put Options: 8800 and 8700.
  • Advance Decline for the day was 832:799.
  • McClellan’s oscillator for NSE at -03.

NIFTY TECHNICAL

Current Spot: 8777.15
Pivot: 8787
5DEMA: 8781
10DEMA: 8783
20DEMA: 8757
50DEMA: 8648
Parabolic SAR: 8942
RSI (14 days): 54.06
Supports: 8747 – 8718 – 8678
Resistance: 8817 – 8857 – 8886

Nifty Future VWAP: 8823.87
Nifty Future VIX Range: 8746 – 8868
MP Values Nifty Future: VAH – 8848, POC – 8829, VAL – 8810

BANKNIFTY TECHNICAL

Current Spot: 19828.45
Pivot: 19839
5DEMA: 19874
10DEMA: 19886
20DEMA: 19753
50DEMA: 19262
Parabolic SAR: 20351
RSI (14 days): 56.53
Supports: 19740 – 19651 – 19552
Resistance: 19928 – 20027 – 20115

Bank Nifty Future VWAP: 19931.92
Bank Nifty Future VIX Range: 19721 – 20099
MP Values Bank Nifty Future: VAH – 19980, POC – 19934, VAL – 19888

Thanks and Regards

MarketPulse S&P

Assimilation of data from Indian Stock Market.