#.Nifty closed on a bear note at 7597.So today for intraday on upside intra resistance are at 7640 and 7672 level .On downside be alert below 7553 and avoid all intraday longs below that level.
#. In the derivative market, FII’s bought 207.5 crores of Index futures and sold -906.211 crores worth of Index options. In the Stock futures segment, FII’s sold -756.439 crores worth of stock futures and sold -113.88 crores of stock options.
#. As fund flow FII’s and proprietary’s both have the buy position in Nifty future on other side , 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)
NIFTY SPOT INTRADAY LEVEL
R4 7675 BULL R3 7643 UP BREAKOUT R2 7632 UP CAUTION R1 7624 SELL PIVOT 7611 S1 7570 BUY S2 7562 DOWN CAUTION S3 7551 DOWN BREAK OUT S4 7519 BEAR
7,643.50 UP +30.00 ( +0.39%)
FII Activity on nifty future:
Index Futures: +207.5 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal