#. Nifty closed on a slight bull note at 8,206.60 made high 8213 of and low of 8123.So today for intraday on upside resistance are at 8240 and 8269 level .On downside be alert below 8172 and avoid all intraday longs below 8143 level.
#. In the derivative market, FII’s sold -638.73 crores of Index futures and bought 804.0 crores worth of Index options. In the Stock futures segment, FII’s sold -227.15 crores worth of stock futures and bought 52.0701 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 8321 BULL R3 8273 UP BREAKOUT R2 8255 UP CAUTION R1 8244 SELL PIVOT 8176 S1 8170 BUY S2 8158 DOWN CAUTION S3 8141 DOWN BREAK OUT S4 8093 BEAR
8,173.00 Down -39.00 ( -0.48%)
FII Activity on nifty future:
Index Futures: – 638.74Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: + 1646.62 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal