#. Nifty closed on a negative note at 7,603.20 -155.60 (-2.01%) made a high of 7,736.30 and low of 7,588.65.So today for intraday on upside intra resistance are at 7676 and 7704level .On upside be alert above 7688 and avoid all intraday short above that level.
#. In the derivative market, FII’s sold -1224.08 crores of Index futures and bought 527.129 crores worth of Index options. In the Stock futures segment, FII’s bought 323.66 crores worth of stock futures and sold -93.9502 crores of stock options..
#. 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 Bearish on NIFTY for short term but suggest you please book profit every level As its second day of selling. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 7781 BULL R3 7704 UP BREAKOUT R2 7676 UP CAUTION R1 7657 SELL PIVOT 7650 S1 7549 BUY S2 7531 DOWN CAUTION S3 7503 DOWN BREAK OUT S4 7425 BEAR
7,627.00 UP +18.50 (+0.24%)
FII Activity on nifty future:
Index Futures: -1224.08Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal