#. Nifty closed on a sligh bear at 8638. So today for intraday on upside intra resistance are at 8664 and 8702 level .On downside be alert below 8612 and avoid all intraday longs below 8577 level
#. In the derivative market, FII’s bought 84 crore of Index futures and bought 1392 crores worth of Index options. In the Stock futures segment, FII’s sold 865 crores worth of stock futures and bought 7 crores of stock options.
#. As per the fund flow FII and PRO’s both have bullish view. As per the data FII have buy position and PRO’s have buy position. On other side clients have sell position 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 SPOT INTRADAY LEVEL
R4 8686 BULL R3 8669 UP BREAKOUT R2 8662 UP CAUTION R1 8658 SELL PIVOT 8647 S1 8619 BUY S2 8615 DOWN CAUTION S3 8608 DOWN BREAK OUT S4 8591 BEAR
8,723.50 UP +36.00 +0.41%
FII Activity on nifty future:
Index Futures: +84 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal