NiftyFuture last close: 11095.85
On Friday, NiftyFuture was seen huge volatility between 11025 to 11130
NF has broken recent bottom of 11050 but unable to sustains below the level
NF has ended 28 points lower while Sensex finished 130 points lower
On Friday US markets was finished at higher levels. Dow Jones climbed 115 points, S&P500 gained 25 points and Nasdaq added 158 points
Asian markets were set to mixed trend on Monday morning. Japan’s Nikkei dipped 0.3% South Korea eased 0.3%
Oil supply fell on Monday on concerns oversupply zone. Brent crude slide 0.3% to $43.44 barrel
USA hikes H-1B visa fee by 21% L visa (Intra-company transfer fees hiked 75%
Japan GDP unchanged at 2.2%
GST collections in July month fell to Rs 87422 crore from Rs 90917 crore in June month
FIIs turned to selling mode on Friday, They sold 958 crore worth of stocks in cash segment whereas DIIs bought 442 crore
FIIs sold 751 crore in entire July month whereas DIIs bought marginally 55 crore
SGXNifty indicate a negative opening for the index and likely to witness sideways trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11105, 11130 and 11165
If crossover 11165 with volumes then will show more strength up to 11210
Today NF can be considered as supports as 11070, 11050 and 11025
Below 11025 and if sustains……… Then will check next support around 10975
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Updated: 08.46 am / 03rd Aug 2020
