Intraday NIFTY and BANKNIFTY strategy for Tomorrow 1-DEC-2015

Nifty is on bull note close at 7,935.25 Down 7.45 (-0.09%) made a high of 7,966.00 and low of 7,922.80. Market was taking support at 7930 as per our weekly report and it was choppy session. Global indices moved edged higher and holding its inraday level. Market will be volatile tomorrow as we have big event RBI policy. (NIFTY Weekly report).

Intraday NIFTY view:
Trend: Bull
We will buy nifty.

SGX Nifty
7,975.50 Down -4.00(-0.05%)

FII’s and DII’s position:

Fii Activity in Equity :RS. – 1043.84 Crores
Mf Activity in Equity :RS. + 601.73 Crores
Fii Activity in Nifty Future :RS. + 756.68 Crores.

NIFTY Future Levels: Watch NIFTY LIVE signal

Signal       Trigger Price  Stop Loss Target-1 Target-2 Target-3
Buy 7986 7972 7995 8014 8037
Sell 7964 7980 7961 7938 7919

BankNIFTY Future Levels: Watch BankNIFTY LIVE signal

Signal       Price  Stop Loss Target-1 Target-2 Target-3
Buy 17504 17467 17554 17626 17712
Sell 17450 17485 17413 17326 17254

As the nifty open interest data shows proprietary’s and FII’s have the mixed sentiment towards the market but its first day of this expiry so its difficult get view from the open interest on other side DII’s are supporting the market with their continuous buying. Due to mixed sentiment we expect market would be volatile so be caution while making any position in NIFTY and BANKNIFTY.

NSE nifty Open Interest

NSE nifty Open Interest

Trade with TheNIFTYFeed team in less than 5 minutes

Signupforfree

One thought on “Intraday NIFTY and BANKNIFTY strategy for Tomorrow 1-DEC-2015

  1. traderoption.org says:

    I have to thank you for the efforts you have put in writing this blog. I really hope to check out the same high-grade content from you in the future as well. In fact, your creative writing abilities has inspired me to get my own site now 😉

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.