#. Nifty closed on a bull note at 8,943.00 made high 8950 of and low of 8852Market is in bull trend.So today for intraday on upside resistance are at 8987 and 9026 level and On downside be alert below 8898 and avoid all intraday longs below that level.
#.In the derivative market, FII’s bought 331 crore of Index futures and bought 818 crores worth of Index options. In the Stock futures segment, FII’s bought 1173 crores worth of stock futures and sold 28 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 clients have sell position and DII’s have buy position in NIFTY. Today is the first day of this expiry so some we have to wait and watch one day to get data.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 9095 BULL R3 9030 UP BREAKOUT R2 9007 UP CAUTION R1 8991 SELL PIVOT 8901 S1 8895 BUY S2 8879 DOWN CAUTION S3 8856 DOWN BREAK OUT S4 8791 BEAR
8,983.00 UP +17.00 (+0.19%)
FII Activity on nifty future:
Index Futures: + 331.33 Crores
FII Activity September 2016 Series – Summary Derivative Index Futures: + 6339.66 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal