NiftyFuture last close: 11510.95
What a terrible Tuesday………. !!
NF opened at 11450 then dropped up to 11373 (did not break Monday’s low) and went up to 11589.70 again slide to 11500
Yesterday seen almost 450-500 points zig-zag movement. Finally Nifty rose 83 points and Sensex climbed 272 points
Bhartiartl was gained 6.5% and Reliance shot up 3% but not sustained higher levels
Visible buying on Metals, Pharma stocks and Financial sectors
US markets closed higher levels on Tuesday. Dow gained 215 points, S&P500 added 26 points and Nasdaq closed 165 points higher
Asian markets are higher. Japan’s Nikkei gain 0.5% and Hangseng flat note
FIIs again buying mode in Indian equities they bought 486 crore in cash segment whereas DII sold 775 crore
SGXNifty indicate a positive opening for the index and likely to witness volatility will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11530, 11555 and 11585
If crossover 11585 and manages above the level…….. Will try to check 11630
NF considering a supports 11490, 11465 and 11440
Below 11440……… Finding a next supports 11380-11350
More live market update will be sent to my clients only
Updated: 08.16 am / 02nd Sept 2020
