NIFTYdaily25JUN2018

NIFTY AND BANKNIFTY STRATEGY FOR 25-JUNE-2018

#. Nifty closed on a strong bull note at 10821 level .So today on upside first intra resistance is at 10856-61 level. On downside first support is at 10786-81 level. Market is bull zone but be very alert .So today for intraday on upside intra resistance are at 10861 and 10897 level and On downside be alert below 10781 and avoid all longs below 10746 level as selling may intensify below that level.

#. In the derivative market, FII’s sold -66.77 crores of Index futures and bought 2.18359 crores worth of Index options. In the Stock futures segment, FII’s bought 66.0098 crores worth of stock futures and sold -117.97 crores of stock options.

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

NIFTY50 INTRADAY LEVEL

R4 10961 BULL
R3 10903 UP BREAKOUT
R2 10882 UP CAUTION
R1 10868 SELL
PIVOT 10790  
S1 10776 BUY
S2 10762 DOWN CAUTION
S3 10741 DOWN BREAK OUT
S4 10683 BEAR

SGX Nifty
10,799.50 Down -56.00  ( -0.52%)

FII Activity on nifty future:

Index Futures: -66.77 Crs
Index Options: 2.18359 Crs
Stock Futures: 66.0098 Crs
Stock Options: -117.97 Crs

NIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 10842 10793 10879 10930 11016
Sell 10782 10804 10753 10667 10616

BankNIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 26809 26646 26946 27116 27415
Sell 26619 26673 26502 26203 26033

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