#. Nifty closed on a slight bull note at 8,521.05 made high 8525.6 of and low of8480.6.So today for intraday on upside resistance are at 8555 and 8585 level .On downside be alert below 8480 and avoid all intraday longs below 8455 level.
#. In the derivative market, FII’s bought 1148.66 crores of Index futures and bought 1000.42 crores worth of Index options. In the Stock futures segment, FII’s sold -89.6499 crores worth of stock futures and bought 15.1699 crores of stock options.
#. As per the fund flow FII and PRO’s both have mixed view. As per the data FII have buy position and PRO’s have sell position. On other side client’s 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 8589 BULL R3 8562 UP BREAKOUT R2 8552 UP CAUTION R1 8546 SELL PIVOT 8505 S1 8496 BUY S2 8490 DOWN CAUTION S3 8480 DOWN BREAK OUT S4 8454 BEAR
8,540.00 UP+16.00 (+0.19%)
FII Activity on nifty future:
Index Futures: + 1148.06 Crores
FII Activity July 2016 Series – Summary Derivative
Index Futures: + 2287.56 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal