#. Nifty closed on a slight negative note at 8323 .So today for intraday on upside intra resistance are at 8364 and 8394 level .On downside be alert below 8282 and avoid all intraday longs below 8252 level and a close below 8219 signals another bear trend
#. In the derivative market, FII’s sold -221.64 crores of Index futures and bought 401.078 crores worth of Index options. In the Stock futures segment, FII’s bought 281.85 crores worth of stock futures and sold -29.25 crores of stock options.
#. As per the fund flow FII and PRO’s both have same view. As per the data FII and PRO’s have below average sell position. On other side clients and DII’s have buy position in NIFTY.
Intraday NIFTY view:
We are Bullish on NIFTY but suggest you please book profit every level. Follow our (NIFTY POSITIONAL CALLS)
NIFTY INTRADAY LEVEL R4 8398 BULL R3 8368 UP BREAKOUT R2 8357 UP CAUTION R1 8350 SELL PIVOT 8321 S1 8297 BUY S2 8290 DOWN CAUTION S3 8279 DOWN BREAK OUT S4 8249 BEAR
8,435.00 UP +100.00 (+1.19%)
FII Activity on nifty future:
Index Futures: – 221.64Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal