#. Nifty closed on a slight bull note at 7,912.05 Down-2.70 (-0.03%) made high 7,978.45 of and low of 7,884.10. So today for intraday on upside intraday resistance are at 8015 and 8030 level .On downside be alert below 7868 and avoid all intraday longs below 7813 level.
#. In the derivative market, FII’s sold -74.3799 crores of Index futures and bought 137.152 crores worth of Index options. In the Stock futures segment, FII’s bought 995.35 crores worth of stock futures and sold -46.6401 crores of stock options.
#. As per the fund flow FII,Clients and DII’s have made the sell position in market but Pro’s has buy position so caution as big players has mixed view in market.
Intraday NIFTY view:
We are Bullish on NIFTY But Caution. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 8015 BULL R3 7972 UP BREAKOUT R2 7956 UP CAUTION R1 7946 SELL PIVOT 7925 S1 7878 BUY S2 7868 DOWN CAUTION S3 7852 DOWN BREAK OUT S4 7810 BEAR
7,893.00 Down -11.50 (-0.15%)
FII Activity on nifty future:
Index Futures: – 74.38 Crores
FII Activity March 2016 Series – Summary Derivative
Index Futures: – 1002.79 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal