#. Nifty closed slight bull note note at 8,726.60 UP +11.00 (0.13%) made high 8,739.85 of and low of 8,688.90. Nifty turn bearish mode and holding. .So today for intraday on upside intra resistance are at 8760 and 8785 level and On downside be alert below 8670 and avoid all intraday longs below that level
#. In the derivative market, FII’s sold 551 crore of Index futures and bought 346 crores worth of Index options. In the Stock futures segment, FII’s sold 769 crores worth of stock futures and sold 31 crores stock options.
#. As fund flow FII’s and proprietary’s all are having the buy position in Nifty future on other side Client and DII’s have the sell position towards nifty.
Intraday NIFTY view:
We are Bearish on NIFTY for short term but suggest you please book profit every level. Follow our (NIFTY POSITIONAL CALLS)
NIFTY SPOT INTRADAY LEVEL R4 8787 BULL R3 8763 UP BREAKOUT R2 8755 UP CAUTION R1 8749 SELL PIVOT 8718 S1 8704 BUY S2 8698 DOWN CAUTION S3 8690 DOWN BREAK OUT S4 8667 BEAR
8,751.00 Down -18.50 ( -0.21%)
FII Activity on nifty future:
Index Futures: – 551.17 Crores
FII Activity SEP 2016 Series – Summary Derivative
Index Futures: + 4736.05 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal