NIFTYdaily21Jun2018

NIFTY AND BANKNIFTY STRATEGY FOR 21-JUNE-2018

#.  Nifty closed on a strong bull note at 10772 level .So today on upside first intra resistance is at 10811-16 level. On downside first support is at 10732-27 level. Market is bull zone but be very alert .So today for intraday on upside intra resistance are at 10816 and 10848 level and On downside be alert below 10727 and avoid all longs below 10695 level as selling may intensify below that level

#.In the cash market today, FII’s sold -2442.61 crores stock whereas DII’s bought 1473.65 crores worth of stock.

#.In the derivative market, FII’s sold -1247.28 crores of Index futures and bought 1244.42 crores worth of Index options. In the Stock futures segment, FII’s bought 574.75 crores worth of stock futures and bought 120.34 crores of stock options.

Intraday NIFTY view:
Trend: Bull
We are bearish on NIFTY  but suggest you please book profit every level. Follow TheNIFTYFeed positional calls.

NIFTY50 INTRADAY LEVEL

R4 10855 BULL
R3 10822 UP BREAKOUT
R2 10810 UP CAUTION
R1 10802 SELL
PIVOT 10755  
S1 10742 BUY
S2 10734 DOWN CAUTION
S3 10722 DOWN BREAK OUT
S4 10690 BEAR

SGX Nifty
10,800.50 UP +8.00 (+0.07%)

FII Activity on nifty future:

Index Futures: -1247.28 Crs
Index Options: 1244.42 Crs
Stock Futures: 574.75 Crs
Stock Options: 120.34 Crs

NIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 10799 10766 10811 10837 10883
Sell 10755 10776 10750 10705 10679

BankNIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 26617 26487 26706 26828 27047
Sell 26460 26514 26392 26173 26051

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