#. Nifty closed on a bull note at 8,677.90 UP+157.50 (1.85%) made high 8,685.10 of and low of 8,555.90.So today for intraday on upside intra resistance are at 8728 and 8774 level and On downside be alert below 8627 and avoid all longs below 8581 level as selling may intensify below that level.
#. In the derivative market, FII’s sold 729 crore of Index futures and bought 3057 crores worth of Index options. In the Stock futures segment, FII’s bought 1223 crores worth of stock futures and bought 47 crores stock options.
#. As per the fund flow FII and PRO’s both have mixed view. As per the data FII have sell position and PRO’s have buy position. On other side clients have sell position and DII’s have buy position in NIFTY.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 8854 BULL R3 8778 UP BREAKOUT R2 8751 UP CAUTION R1 8732 SELL PIVOT 8628 S1 8623 BUY S2 8605 DOWN CAUTION S3 8578 DOWN BREAK OUT S4 8502 BEAR
8,692.50 UP +24.50 +0.28%
FII Activity on nifty future:
Index Futures: – 729.8 Crores
NIFTY Future Levels: Watch NIFTY LIVE signal
BankNIFTY Future Levels: Watch BankNIFTY LIVE signal