#NIFTY and #BANKNIFTY strategy for 15-Jun-2016

#. Nifty closed on a slight bear note at 8,108.85 made high 8132.55 of and low of 8069.So today for intraday on upside resistance are at 8149 and 8179 level .On downside be alert below 8065 and avoid all intraday longs below 8035 level

#. In the derivative market, FII’s sold -1880.94 crores of Index futures and bought 403.84 crores worth of Index options. In the Stock futures segment, FII’s sold -174.26 crores worth of stock futures and bought 13.47 crores of stock options.

#.  As per the fund flow FII and Pro both have mixed view but they are very much clear about market trend. And holding selling position.On other side Clients and DII have buy position in Nifty.

Intraday NIFTY view:
Trend: Bull
We are Bearish on NIFTY for short term but suggest you please book profit every level. Follow our (NIFTY POSITIONAL CALLS)

NIFTY SPOT INTRADAY LEVEL

R4 8183 BULL
R3 8153 UP BREAKOUT
R2 8142 UP CAUTION
R1 8135 SELL
PIVOT 8104
S1 8083 BUY
S2 8076 DOWN CAUTION
S3 8065 DOWN BREAK OUT
S4 8035 BEAR

SGX Nifty
8,135.00     UP +17.50     +0.22%

FII Activity on nifty future:
Index Futures: – 1880.95 Crores

FII Activity June 2016 Series – Summary Derivative
Index Futures: + 2285.36 Crores

NIFTY Future Levels: Watch NIFTY LIVE signal

Signal       Price  Stop Loss Target-1 Target-2 Target-3
Buy 8127 8108 8143 8170 8206
Sell 8099 8116 8089 8053 8026

BankNIFTY Future Levels: Watch BankNIFTY LIVE signal

Signal       Price  Stop Loss Target-1 Target-2 Target-3
Buy 17652 17611 17704 17779 17872
Sell 17594 17629 17554 17461 17386

To Get Live Market Support & Assistance in less than 5 minutes
joinUs

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s