Hello Friends,
NifTiee Intra day levels :
Close 4970
Supports : 4949 / 4919 / 4889
Resistances : 4994 / 5025 / 5050
Nifty is facing important resistanaces around 5025-5050 levels since last two days & yesterday good profit booking was seen in last hour of trade due to F&O expiry coming close. Also many people in India were cautious about FED meet in U.S & paniced by selling stocks at throw away price for the day.
Anyways Nifty may find good support around 4929-4949 levels & today would being the Expiry day for September Series we may see high volatility in short span of time.
Provisional Fund Flow Fig Rupees Crores for 23 September 2009:
Fii + 1749
Dii + 500
Fii (derivatives) - 1176 (net)
Index Futures -528
Index Options +86
Stock Futures -730
Stock Options -4
OI 78k Crores only.
Good Day
Regards,
Allies Financial Services
Mumbai, India
Website : http://www.alliesfin.blogspot.com/