#. 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:
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
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
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal