#. Nifty closed on a slight bull note at 8565.So today for intraday on upside resistance are at 8602 and 8629 level .On downside be alert below 8530 and avoid all intraday longs below 8503 level.
#. In the derivative market, FII’s bought 46.39 crores of Index futures and sold -198.66 crores worth of Index options. In the Stock futures segment, FII’s sold -874.53 crores worth of stock futures and bought 0.0 crores of stock options.
#. As per the fund flow FII, DII’s and PRO’s both have same view. As per the data FII’s, DII’s and PRO’s have buy position. On other side clients have sell position. We again expect some volatility in market
Intraday NIFTY view:
We are Bullish on NIFTY but suggest you please book profit every leve. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 8632 BULL R3 8606 UP BREAKOUT R2 8596 UP CAUTION R1 8590 SELL PIVOT 8549 S1 8542 BUY S2 8535 DOWN CAUTION S3 8526 DOWN BREAK OUT S4 8500 BEAR
8,577.50 Down -11.50 ( -0.13%)
FII Activity on nifty future:
Index Futures: + 46.39 Crores
FII Activity JULY 2016 Series – Summary Derivative
Index Futures: + 5549.89 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal