#. Nifty closed on a bull note at 8,266.45 UP +65.40 (0.80%) made high 8,294.95 of and low of 8,216.40. .So today for intraday on upside resistance are at 8297 and 8323 level .On downside be alert below 8235 and avoid all intraday longs below 8209 level.
#.In the derivative market, FII’s bought 257.16 crores of Index futures and bought 344.959 crores worth of Index options. In the Stock futures segment, FII’s sold -333.24 crores worth of stock futures and sold -110.68 crores of stock options.
#. As fund flow FII’s and proprietary’s all are having the buy position in Nifty future on other side Client and DII’s have the sell position towards nifty. There is no weakness in global markets and all the major indices are holding bull run.
Intraday NIFTY view:
We are Bullish on NIFTY but please book profit every level . Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 8369 BULL R3 8326 UP BREAKOUT R2 8311 UP CAUTION R1 8301 SELL PIVOT 8254 S1 8232 BUY S2 8222 DOWN CAUTION S3 8207 DOWN BREAK OUT S4 8164 BEAR
7,460.50 UP +20.00 ( +0.27% )
FII Activity on nifty future:
Index Futures: + 257.16 Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: + 3964.68 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal