NiftyFuture last close: 9494.10
While updating SGXNifty were trading at 9630 up 130 points
On last week NiftyFuture was climbed 6% backed by positive global cues
FIIs turned to buying mode on last 3 sessions and they was bought 60% long in index on Friday’s data
GDP data was better than expected
Monsoon is expected to hit today in Kerala and expecting normal monsoon
FIIs bought almost 8400 Cr worth of stocks in last 4 sessions
US markets on May month rose up to 4%
Now, Asian markets are trading deep higher levels
This Week NiftyFuture Trend Decider 9560 and 9300
Today NiftyFuture is facing a intraday resistance at 9560 and 9600
NF if crosses 9600 and manages above the level, Bulls will be dominate up to 9660 and 9720
Today NF can be considered as supports as 9475, 9440 and 9400
If comes decline can buy and keep a stop of supports
Don’t think to short at lower levels until 9300
More live market update will send to my clients only
Updated : 08.02 AM / 01st June 2020
