#. Nifty closed on a strong bull note at 7,866.05 UP +132.60 (1.71%) made high 7,873.65 of and low of 7,753.55. So today for intraday on upside intra resistance are at 7910 and 7948 level .On downside be alert below 7822 and avoid all intraday longs below 7783 level.
#.In the derivative market, FII’s bought 695.03 crores of Index futures and bought 2056.54 crores worth of Index options. In the Stock futures segment, FII’s sold -856.87 crores worth of stock futures and bought 14.6899 crores of stock options.
#. As per the fund flow where FII’s and PRO’s have same view in markets and both having buy position where DII’s and client have sell position in nifty future.
Intraday NIFTY view:
We are Bullish on NIFTY but book profit every level. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL R4 8017 BULL R3 7952 UP BREAKOUT R2 7928 UP CAUTION R1 7913 SELL PIVOT 7824 S1 7819 BUY S2 7804 DOWN CAUTION S3 7780 DOWN BREAK OUT S4 7716 BEAR
7,460.50 UP +20.00 ( +0.27% )
FII Activity on nifty future:
Index Futures: + 695.03 Crores
FII Activity March 2016 Series – Summary Derivative
Index Futures: – 5157.64 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal