#.Nifty closed on a slight note at 7738.So today on upside first resistance is at 7779-84 level.On downside be alert below 7691 and avoid all intraday longs below that level.
#. In the derivative market, FII’s bought 3193.59 crores of Index futures and sold -1386.3 crores worth of Index options. In the Stock futures segment, FII’s sold -658.471 crores worth of stock futures and bought 95.8 crores of stock options. there data are previous expiry.
#. As fund flow FII’s , DII’s and proprietary’s all are having the sell position in Nifty future on other side Client have the buy position towards nifty.
Intraday NIFTY view:
We are Bullish on NIFTY for short term but suggest you please book profit every level because and dont hold any long position below 7687. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 7822 BULL R3 7788 UP BREAKOUT R2 7775 UP CAUTION R1 7767 SELL PIVOT 7739 S1 7710 BUY S2 7702 DOWN CAUTION S3 7689 DOWN BREAK OUT S4 7655 BEAR
7,741.00 Down -46.50 -0.60%
FII Activity on nifty future:
Index Futures: + 3193 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal