Nifty Future Jan last close : 10833.85
Feb series last close : 10856.20
Yesterday Nifty Future has seen huge short covering and Index up 1.70%
Nifty has formed big candle stick pattern.
FII net buy 2765 Cr in Index Future and net buy 3006 Cr in cash segment
Today Nifty Future is expected to open at flattish note
Likely to witness huge volatile will be expected during the day ahead of budget
Retail traders better to stay away. Braveheart traders can do with stop-loss
Today Nifty Future is facing a intraday resistance 10870-10900
After budget, If crossover 10900 and holds above the level, Will try to check 10960-11010
Today Nifty Future can be considered as support as 10825-10770
After budget, Once if breaks 10770 and holds below the level,
Further weakness will be expected up to 10720 and 10660
Don’t short at lower levels!!
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Updated : 09.01 AM / 01st Feb 2019