Hello Friends,
NifTiee Intra day levels :
Close 4459
Supports : 4444 / 4411 / 4384
Resistances : 4488 / 4514 / 4545
As mentioned yesterday we saw some good bounce back in markets from supports levels of 4343 - 4363, hope u benefitted.
Today we can see some intra day volatility & markets may test higher resistance levels. Above 4515 we can see some more short covering & fresh long build ups. Many people getting trapped by short selling at lower levels & when next day Markets open Gap up they find themself in No Mens Land. Many people who have been visiting our website www.AlliesFin.BlogSpot.Com must be benefitting as they get oppurtunity to sell at higher levels & buy at lower levels as we are witnessing the same in last many days.
Provisional Fund Flow Figures Rupees Crores for 18 August 2009 :
Fii -722
Dii +467
Fii (derivatives) +850 (net)
Index Futures -184
Index Options +561
Stock Futures +458
Stock Options +14
OI 55k Crores only.
Regards,
Allies Financial Services
Mumbai, India
Website : www.AlliesFin.BlogSpot.Com
