04th June 2019 #Nifty Future Intraday Levels

Nifty Future last close : 12104.45

 Nifty Future has closed on record highs as across the board buying in large stocks

 Index ignores macro data. Auto stocks ignore weak sales numbers.

Investors ignore weak global cues. Traders ignore risk.

 The only factor……… FIIs dominate & aggressively buy mode!!

Nifty Fut made a low of 11915.05 and high of 12118

FIIs bought 3068 cr worth of stocks in cash segment whereas DIIs sold 462 cr

FIIs bought 2295 cr of index future

 Today Nifty future is expected to open at negative note

 Likely to witness up trend continued during the day

Nifty Future is facing a intraday resistance at 12125-12160

If crossover 12160 with volumes, Finding a next resistance at 12210

 Today Nifty Future can be considered as supports as 12065 and 12040

If trade below 12040 with volumes, Finding a next support around 11980

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Updated : 09.03 AM / 04th June 2019