Our #NIFTY and #BANKNIFTY strategy for Today 3-Mar-2016

Nifty is on a strong bull note to close strongly at 7368. So today on upside first resistance is at 7412-17 level.In the cash market today, FII’s bought 1437.5 crores stock whereas DII’s sold -593.67 crores worth of stock.  In the derivative market, FII’s bought 1188.84 crores of Index futures and bought 4306.72 crores worth of Index options. In the Stock futures segment, FII’s bought 966.32 crores worth of stock futures and bought 11.1401 crores of stock options.

Intraday NIFTY view:
Trend: Bull
We are Bullish on NIFTY for short term but suggest you please book profit every level. Follow our  (NIFTY POSITIONAL CALLS)

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