FII DII ACTIVITY FOR TODAY
Today FIIs sold Rs. -446 cr. and DIIs bought Rs.1584 cr. in the cash market. Also FII bought a significant quantity in NIFTY options & Futures while FII sold in BankNifty. which indicates volatile market.
Market Prediction For NIFTY & SENSEX – Expert Views
Today on 11th June 25, NIFTY opens flat and moved upward from previous day closing (Read analysis of 10th June 25 ) almost 120 points and price closed near todays opening price which formed a Doji. As per analysis of 10th June 25 we captured good move.
From last three days market moves in a range of 140 points and closes above Rs. 25050. In such range bound market do not hold any positions in Options. In daily time frame both NIFTY and SENSEX formed similar candlestick pattern. Which indicates neutral to positive trend in market.
Daily Chart NIFTY Daily Chart SENSEX
Prediction For NIFTY
- If NIFTY opens flat near todays closing, Price may come upto its First support level 25050. If crosses first support level price may come upto second support level i.e Rs. 25000. Here buyers may take charge of trend and sharp up move may come in NIFTY .
- If price crosses first resistance line (25160) , price may move upward direction upto 40 points towards second resistance 25200. If here price sustains then a Sharp up move may be seen in market.
- If Price comes below the Second Support level, Do not sell immediately. Let price to consolidate at particular level and decide the trade as per your strategy.
NIFTY Chart Analysis
SENSEX Chart Analysis
Prediction For SENSEX
- If SENSEX opens flat near todays closing, Price may come upto its First support level. If crosses first support level price may come upto second support level . Here buyers may take charge of trend and sharp up move may come in SENSEX.
- If price crosses first resistance line, price may move upward direction upto 100 points towards second resistance. If here price sustains then a Sharp up move may be seen in market.
- If Price comes below the Second Support level, Do not sell immediately. Let price to consolidate at particular level and decide the trade as per your strategy.
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Note:
- Mark the levels before trade
- We are not recommending for buying or selling
- This post is for educational purpose only. Consult your advisor before taking any decision.
- Do not buy at resistance or Do not sell at support
