02nd March 2020 #NiftyFuture Intraday Levels

NiftyFuture last close : 11149.15

Over ?11 lakh cr wiped out from investor wealth on Dalal Street this week

Sensex & Nifty tank 3.5% each as Indian equities extend losses to the 6th consecutive session

GDP growth for Q3 FY20 at 4.7%. Worst week since the 2008 crisis.

South Korea cases top 4200, New infection in California, New York, Eqypt and Algeria

China cases now at 80026 and death toll 2912. Global surpass 3000 mark

Dow Fut opened at 600 pts negative and now trading 100+

While updating SGXNifty up 120 points!!

FIIs sold 1428 Cr worth of shares in cash segment whereas DIIs bought 7621 Cr

FIIs sold 1631 Cr of Index Future

NiftyFuture is likely to open at gap up ahead of global market rebound

NiftyFuture is facing a intraday resistance at 11175-11225

Once if breaks and holds above 11225…….. Finding a next resistance at 11300

Today NF considering a supports 11116 (Friday’s low) if holds below the level

Expecting further weakness up to 11070 and 11020

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Updated : 08.52 AM / 02nd March 2020