#. Nifty closed with some positive note 7735.made high 7777.35 of and low of 7707. So today for intraday on upside intra resistance are at 7779 and 7811 level .On downside be alert below 7691 and avoid all intraday longs below 7659 level
#. In the derivative market, FII’s sold -993.1 crores of Index futures and bought 1006.07 crores worth of Index options. In the Stock futures segment, FII’s bought 102.26 crores worth of stock futures and sold -22.9402 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 on NIFTY for short term but request you book profit every level. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 7815 BULL R3 7782 UP BREAKOUT R2 7770 UP CAUTION R1 7763 SELL PIVOT 7740 S1 7708 BUY S2 7701 DOWN CAUTION S3 7689 DOWN BREAK OUT S4 7657 BEAR
7,721.50 Down -41.50 ( -0.54%)
FII Activity on nifty future:
Index Futures: -993.1 Crores
FII Activity March 2016 Series – Summary Derivative
Index Futures: – 4863.6 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal