#. Nifty closed on a positive note at 7,758.80 +45.75 (0.59%) and made a high of 7,764.45 … and low 7,704.40. Market is now strongly in bullish side.So today for intraday on upside resistances are at 7795 and 7825 level .On downside be alert below 7720-7000 and avoid all intraday longs below that level.
#. In the derivative market, FII’s bought 97.39 crores of Index futures and sold -164.99 crores worth of Index options. In the Stock futures segment, FII’s sold -539.33 crores worth of stock futures and sold -39.84 crores of stock options.
#. As fund flow FII’s and proprietary’s both have the mixed view towards market so volatility expected. FII’s and Client have BUY position on otherside PRO’s and DII’s have the sell position towards nifty Future.
Intraday NIFTY view:
We are Bullish buy as today we have RBI meet so caution volatility expected. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 7827 BULL R3 7800 UP BREAKOUT R2 7790 UP CAUTION R1 7783 SELL PIVOT 7743 S1 7735 BUY S2 7728 DOWN CAUTION S3 7718 DOWN BREAK OUT S4 7691 BEAR
7,769.50 Down (-16.00)-0.21%
FII Activity on nifty future:
Index Futures: +97.39 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal
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