#. Nifty closed on a bear note 8,170.05 made high 8264 of and low of 8132.So today for intraday on upside intra resistance are at 8203 and 8232 level .On downside be alert below 8136 and avoid all intraday longs below 8110 level
#. In the derivative market, FII’s bought 323.29 crores of Index futures and sold -254.01 crores worth of Index options. In the Stock futures segment, FII’s sold -505.44 crores worth of stock futures and sold -59.9402 crores of stock options.
#. As per fund flow FII’s and PRO’s both are bullish in nifty but they are hedging the position by taking the puts and writing call.on other sid clients and DII have sell position in NIFTY.
Intraday NIFTY view:
We are Bearish on NIFTY for short term. Follow our (NIFTY POSITIONAL CALLS). We are holding nifty sell position we will book profit as per market move.
NIFTY INTRADAY LEVEL
R4 8281 BULL R3 8234 UP BREAKOUT R2 8218 UP CAUTION R1 8206 SELL PIVOT 8200 S1 8134 BUY S2 8123 DOWN CAUTION S3 8106 DOWN BREAK OUT S4 8059 BEAR
7,460.50 UP +20.00 ( +0.27% )
FII Activity on nifty future:
Index Futures: +323.29 Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: + 4781.92 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal