TheNIFTYFeed intraday

NIFTY AND BANKNIFTY STRATEGY FOR 26-APR-2018

#.Nifty was on a bear trend and closed at 10570 level .So today on upside first intra resistance is at 10613-18 level.On downside first support is at 10527-22 level. Market is in bear zone and be very alert.So today for intraday on upside intra resistance are at 10618 and 10654 level On downside be alert below 10522 and avoid all longs below 10487 level as selling may intensify below that level .

#.In the cash market today, FII’s sold 304 crores stock whereas DII’s bought 435 crores worth of stock. In the derivative market, FII’s bought 163 crore of Index futures and bought 237 crores worth of Index options. In the Stock futures segment, FII’s bought 318 crores worth of stock futures and bought 62 crores stock options.

Intraday NIFTY view:
Trend: Bear
We are bullish on NIFTY  but suggest you please book profit every level. Follow our calls.

NIFTY50 CASH INTRADAY LEVEL

R4 10659 BULL
R3 10624 UP BREAKOUT
R2 10611 UP CAUTION
R1 10602 SELL
PIVOT 10574  
S1 10539 BUY
S2 10530 DOWN CAUTION
S3 10517 DOWN BREAK OUT
S4 10482 BEAR

SGX Nifty
10,577.00 Down -15.50 (-0.15%)

FII Activity on nifty future:

Index Futures: 163.01 Crs
Index Options: 237.156 Crs
Stock Futures: 318.898 Crs
Stock Options: 62.8403 Crs

NIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 10579 10566 10605 10647 10687
Sell 10553 10577 10535 10495 10454

BankNIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 24839 24808 24923 25079 25194
Sell 24743 24833 24677 24562 24406

1518714583_tmp_Contact_US_HD

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s