#NIFTY and #BANKNIFTY strategy for Today 1-Apr-2016

#.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:
Trend: Bull
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

SGX Nifty
7,741.00    Down -46.50     -0.60%

FII Activity on nifty future:
Index Futures: + 3193 Crores

NIFTY Future Levels: Watch NIFTY LIVE signal

Signal       Price  Stop Loss Target-1 Target-2 Target-3
Buy 7791 7781 7811 7842 7873
Short Sell 7773 7789 7758 7727 7696

BankNIFTY Future Levels: Watch BankNIFTY LIVE signal

Signal       Price  Stop Loss Target-1 Target-2 Target-3
Buy 16274 16254 16339 16439 16523
Short Sell 16223 16270 16170 16086 15986

Trade with TheNIFTYFeed team in less than 5 minutes

Signupforfree

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s