04th April 2019 #Nifty Future Intraday Levels

Nifty Future last close : 11729.65

Indian equity markets ended its 4th day winning streak.

On Wednesday, Seen huge selling pressure and profit booking in both index

Nifty and Banknifty index closed -0.4 and -0.8% respectively

PSU Banknifty index underperformed the benchmark index closing -2.5% lower.

 Today Nifty Future is expected to open at positive note

Likely to witness volatile trade will be expected during the day ahead of RBI Policy

  Today Nifty Future is facing a intraday resistance at 11760, 11795 and 11830

Index struggled around 11820-11850 levels in last three sessions!!

 Nifty Future can be considered as supports as 11715 and 11690

If breaks and holds below 11690, Will try to check 11650-11620

 Don’t short at lower levels!!  

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Updated : 09.00 AM / 04th April 2019