#. Nifty closed on a slight bull note at 8,094.70 made high 8116.35 of and low of 8053.So today for intraday on upside resistance are at 8122 and 8145 level .On downside be alert below 8045 and avoid all intraday longs below 8007 level
#. In the derivative market, FII’s sold -287.41 crores of Index futures and sold -403.73 crores worth of Index options. In the Stock futures segment, FII’s bought 60.5801 crores worth of stock futures and sold -136.79 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. We again expect volatile in market.
Intraday NIFTY view:
We are neutral on NIFTY for short term. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 8185 BULL R3 8148 UP BREAKOUT R2 8134 UP CAUTION R1 8125 SELL PIVOT 8085 S1 8064 BUY S2 8055 DOWN CAUTION S3 8042 DOWN BREAK OUT S4 8005 BEAR
8,081.00 UP +1.00 (+0.01%)
FII Activity on nifty future:
Index Futures: – 287.41 Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: – 3411.52 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal