#. Nifty closed on a bear note at 7747 made high 7,889 of and low of 7735. So today for intraday on upside intra resistance are at 7794 and 7836 level .On downside be alert below 7700 and
#. In the derivative market, FII’s sold -984.03 crores of Index futures and bought 437.311 crores worth of Index options. In the Stock futures segment, FII’s sold -401.17 crores worth of stock futures and bought 14.53 crores of stock options.
#market expected to be more volatile as FII and PRO has mixed view in markets where FII’s have sell position where PRO’s, DII’s and client have buy position in nifty future.
Intraday NIFTY view:
We are Bearish NIFTY for short term but suggest you please book profit every level Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 7910 BULL R3 7840 UP BREAKOUT R2 7814 UP CAUTION R1 7797 SELL PIVOT 7791 S1 7697 BUY S2 7680 DOWN CAUTION S3 7654 DOWN BREAK OUT S4 7584 BEAR
7,749.50 Down -31.50 ( -0.41%)
FII Activity on nifty future:
Index Futures: – 984.03 Crores
FII Activity May 2016 Series – Summary Derivative
Index Futures: – 525.78 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal