#. Nifty closed on a slight bull note at 7,850.45 UP +141.50 (1.84%)made high 7,864.80 of and low of 7,772.20. So today for intraday on upside intraday resistance are at 7870and 7900level .On downside be alert below 7815 and avoid all intraday longs below 7780 level.
#. In the derivative market, FII’s bought 1679.09 crores of Index futures and bought 6304.5 crores worth of Index options. In the Stock futures segment, FII’s sold -70.8398 crores worth of stock futures and sold -144.0 crores of stock options.
#. As fund flow FII’s and proprietary’s all are having the buy position in Nifty future on other side Client and DII’s have the sell position towards nifty.
Intraday NIFTY view:
We are Bullish on NIFTY but suggest you please book profit every level because Its weekend . Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 8017 BULL R3 7945 UP BREAKOUT R2 7919 UP CAUTION R1 7902 SELL PIVOT 7808 S1 7799 BUY S2 7782 DOWN CAUTION S3 7756 DOWN BREAK OUT S4 7684 BEAR
7,937.50 UP +6.00 ( +0.08%)
FII Activity on nifty future:
Index Futures: + 1679.09 Crores
FII Activity April 2016 Series – Summary Derivative
Index Futures: – 2887.47 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal