#. Nifty closed on a slight bull note at 7635. So today for intraday on upside resistance are at 8674 and 8709 level .On downside be alert below 8596 and avoid all intraday longs below 8560 level.
#. In the derivative market, FII’s sold -288.08 crores of Index futures and bought 604.32 crores worth of Index options. In the Stock futures segment, FII’s sold -631.079 crores worth of stock futures and sold -115.6 crores of stock options.
#. As per the fund flow FII and PRO’s both have mixed view in NIFTY. As per the data FII’s have sell position and PRO’s have buy position. On other side clients and DII’s have sell position. As market is holding bullish pattern and there is no profit booking sign. We are not holding any position.
Intraday NIFTY view:
We are Bullish with neural note but suggest you please book profit every level Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL
R4 8770 BULL R3 8713 UP BREAKOUT R2 8692 UP CAUTION R1 8679 SELL PIVOT 8598 S1 8593 BUY S2 8579 DOWN CAUTION S3 8558 DOWN BREAK OUT S4 8501 BEAR
8,640.00 UP+3.00 ( +0.03%)
FII Activity on nifty future:
Index Futures: – 288.08 Crores
FII Activity June 2016 Series – Summary Derivative
Index Futures: + 6152.33 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal