#. Nifty closed on a slight bull note at 7,849.80 +2.55 (0.03%) made high 7,889.05 of and low of 7,788.70.So today for intraday on upside resistance are at 7882 and 7910 level .On downside be alert below 7817 and avoid all intraday longs below 7790 level.
#. In the derivative market, FII’s sold -268.25 crores of Index futures and bought 2410.76 crores worth of Index options. In the Stock futures segment, FII’s sold -609.32 crores worth of stock futures and bought 78.1101 crores of stock options.
#. As the open interest FII’s and proprietary’s both are having mixed view in marktet. FII’s and DII’s has sell position and Pro’s and Clients has buy position in nifty future.
Intraday NIFTY view:
We are Bearish on NIFTY for short term. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 7959 BULL R3 7913 UP BREAKOUT R2 7896 UP CAUTION R1 7885 SELL PIVOT 7843 S1 7814 BUY S2 7803 DOWN CAUTION S3 7787 DOWN BREAK OUT S4 7741 BEAR
7,857.50 Down-35.00 (-0.45%)
FII Activity on nifty future:
Index Futures: -268.24 Crores
FII Activity May 2016 Series – Summary Derivative
Index Futures: – 268.24 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal