#. Nifty closed very slightly up at 7716.So today on upside first resistance is at 7747-52 level. On downside be alert below 7680 and avoid all intraday longs below 7654 level.
#. In the derivative market, FII’s bought 739.61 crores of Index futures and sold -1078.49 crores worth of Index options. In the Stock futures segment, FII’s sold -1081.85 crores worth of stock futures and sold -199.55 crores of stock options.
#. As fund flow says FII’s have the buy position in Nifty future on other side proprietary’s , DII’s and Client’s have the sell position towards nifty.
Intraday NIFTY view:
We are Bullish on NIFTY for short term but suggest you please book profit every level. Follow our (NIFTY POSITIONAL CALLS)
R4 7781 BULL R3 7755 UP BREAKOUT R2 7746 UP CAUTION R1 7740 SELL PIVOT 7705 S1 7693 BUY S2 7687 DOWN CAUTION S3 7678 DOWN BREAK OUT S4 7652 BEAR
7,692.00 UP +6.50 (+0.08%)
FII Activity on nifty future:
Index Futures: + 739.61 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal