#. Nifty closed on a strong bull note at 8,238.50 made high 8242.5 of and low of 8108.35. So today for intraday on upside resistance are at 8280 and 8320 level .On downside be alert below 8195 and avoid all intraday longs below 8155 level
#.In the derivative market, FII’s sold 1335 crore of Index futures and sold 1054 crores worth of Index options. In the Stock futures segment, FII’s bought 290 crores worth of stock futures and sold 6 crores of stock options.
#. As per the fund flow FII and PRO’s both have mixed view. As per the data FII have sell position and PRO’s have buy position. On other side clients and DII’s have buy position in NIFTY.
Intraday NIFTY view:
We are Bullish on NIFTY for short term but suggest you please book profit every level. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL R4 8386 BULL R3 8323 UP BREAKOUT R2 8300 UP CAUTION R1 8285 SELL PIVOT 8197 S1 8192 BUY S2 8177 DOWN CAUTION S3 8154 DOWN BREAK OUT S4 8091 BEAR
8,245.00 UP +2.50 (+0.03%)
FII Activity on nifty future:
Index Futures: – 1335.96Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: – 609 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal