#. Nifty closed on a bull note at 8,774.65 Down-11.55 (-0.13%) made high 8,813.25 of and low of 8,759.95. So today for intraday on upside resistance are at 8808 and 8833 level and On downside be alert below 8740 and avoid all intraday longs below 8716 level
# All global markets are holding bullish pattern and We are also bullish on NIFTY and we have to caution and trade with tight Stop loss.
#. In the derivative market, FII’s bought 363 crore of Index futures and bought 805 crores worth of Index options. In the Stock futures segment, FII’s sold 405 crores worth of stock futures and bought 17 crores 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 . Its start of the expiry so caution before making any position as data suggest it can go anywhere.We again expect volatile in market…
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 8837 BULL R3 8813 UP BREAKOUT R2 8804 UP CAUTION R1 8798 SELL PIVOT 8783 S1 8751 BUY S2 8746 DOWN CAUTION S3 8737 DOWN BREAK OUT S4 8713 BEAR
8,339.00 UP +3.50 +0.04%
FII Activity on nifty future:
Index Futures: +363.7 Crores
FII Activity September 2016 Series
Index Futures: + 6407.52 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal