#. Nifty closed on a slight bull note at 8,218.95 UP +39.00 (0.48%) made high 8,229.50 of and low of 8,154.75.So today for intraday on upside resistance are at 8265 and 8299 level .On downside be alert below 8172 and avoid all intraday longs below 8138 level
#. In the derivative market, FII’s sold -159.07 crores of Index futures and bought 82.791 crores worth of Index options. In the Stock futures segment, FII’s bought 83.1602 crores worth of stock futures and sold -4.43018 crores of stock options.
#. As data shows FII, PRO and DII have the sell position in nifty on other side Client has buy position. so we have to caution as there is no clear direction from market.
Intraday NIFTY view:
We are Bullish on NIFTY but suggest you please book profit every level. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 8303 BULL R3 8268 UP BREAKOUT R2 8256 UP CAUTION R1 8248 SELL PIVOT 8201 S1 8190 BUY S2 8182 DOWN CAUTION S3 8170 DOWN BREAK OUT S4 8135 BEAR
8,264.00 UP +30.00 (+0.36%)
FII Activity on nifty future:
Index Futures: – 159.07 Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: + 2871.61 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal