#. Nifty closed on a negative note at 7713.So today for intraday on upside intra resistance are at 7758 and 7792 level .On downside be alert below 7667 and avoid all intraday longs below that level.
#. In the derivative market, FII’s sold -386.84 crores of Index futures and bought 895.24 crores worth of Index options. In the Stock futures segment, FII’s sold -441.63 crores worth of stock futures and bought 55.64 crores of stock options.
#. As fund flow FII’s and proprietary’s all are having the sell position in Nifty future on other side Client and DII’s have the buy position towards nifty.
Intraday NIFTY view:
We are Bearish on NIFTY for short term but suggest you please book profit every level As we have RBI meet tomorrow. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 7795 BULL R3 7762 UP BREAKOUT R2 7749 UP CAUTION R1 7741 SELL PIVOT 7706 S1 7685 BUY S2 7677 DOWN CAUTION S3 7665 DOWN BREAK OUT S4 7631 BEAR
7,770.50 UP ( +25.00 ) +0.32%
FII Activity on nifty future:
Index Futures: -386.84 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal