#. Nifty closed on a negative note at 7,546.45 -67.90 (-0.89%) made a high of 7,630.75 and low of 7,535.85 . So today for intraday on upside intra resistance are at 7606 and 7649 level .On upside be alert above 7640 and avoid all intraday short above that level.
#. In the derivative market, FII’s sold -1473.58 crores of Index futures and sold -549.75 crores worth of Index options. In the Stock futures segment, FII’s bought 124.78 crores worth of stock futures and bought 12.75 crores of stock options
#. As fund flow FII’s and proprietary’s have mixed view in market. FII’s & DII’s have sell position and Pro’s & Client’s have buy so caution as volatility is going to be there in market. 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 . Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 7649 BULL R3 7606 UP BREAKOUT R2 7590 UP CAUTION R1 7580 SELL PIVOT 7571 S1 7513 BUY S2 7503 DOWN CAUTION S3 7487 DOWN BREAK OUT S4 7444 BEAR
7,550.50 Downn -16.00(-0.21%)
FII Activity on nifty future:
Index Futures: -386.84 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal