NIFTYdaily10JUL2018

NIFTY AND BANKNIFTY STRATEGY FOR 10-JUL-2018

#.  Nifty was on a bull trend and closed at 10859 level .So today on upside first intra resistance is at 10888-98 level. On downside first support is at 10818-08 level. Market is in bull zone . So today for intraday on upside intra resistance are at 10912 and 10952 level On downside be alert below 10752 and avoid all longs below 10733 level as selling may intensify below that level.

#. In the derivative market, FII’s bought 869.53 crores of Index futures and bought 1007.49 crores worth of Index options. In the Stock futures segment, FII’s sold -90.7705 crores worth of stock futures and bought 50.1699 crores of stock options.

Intraday NIFTY view:
Trend: Bull
We are bullish on NIFTY and holding nifty long position Follow TheNIFTYFeed positional calls.

NIFTY50  INTRADAY LEVEL

R4 10952 BULL
R3 10912 UP BREAKOUT
R2 10898 UP CAUTION
R1 10888 SELL
PIVOT 10829  
S1 10818 BUY
S2 10808 DOWN CAUTION
S3 10794 DOWN BREAK OUT
S4 10754 BEAR

SGX Nifty
10,897.50 UP +27.50  (+0.25%)

FII Activity on nifty future:

Index Futures: 869.53 Crs
Index Options: 1007.49 Crs
Stock Futures: -90.7705 Crs
Stock Options: 50.1699 Crs

NIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 10868 10837 10878 10902 10943
Sell 10826 10848 10824 10783 10759

BankNIFTY Future Levels to watch:

Signal       Signal Price  Stop Loss Target-1 Target-2 Target-3
Buy 26733 26673 26754 26807 26888
Sell 26646 26700 26646 26566 26512

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