#. Nifty closed on a slight bull note at 8,127.85 made high 8146.3 of and low of 8091.65.So today for intraday on upside resistance are at 8168 and 8195 level .On downside be alert below 8090 and avoid all intraday longs below 8065 level
#. In the derivative market, FII’s sold -791.95 crores of Index futures and bought 1403.75 crores worth of Index options. In the Stock futures segment, FII’s sold -309.051 crores worth of stock futures and sold -34.48 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 have buy position and DII’s have sell position in NIFTY. We again expect volatile in market..
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 8196 BULL R3 8169 UP BREAKOUT R2 8159 UP CAUTION R1 8152 SELL PIVOT 8120 S1 8103 BUY S2 8097 DOWN CAUTION S3 8087 DOWN BREAK OUT S4 8060 BEAR
8,157.00 UP +25.50 ( +0.31%)
FII Activity on nifty future:
Index Futures: – 791.95 Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: – 4203.47 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal