NiftyFuture last close : 11294.75
What a movements……. Highly volatile trade like Roller Coaster style
NiftyFuture has opened at 11180 and went up to 11300 then slide up to 11120 again went up to 11327
Totally 500 points up and down……….. Oh my god!!
But… In this volatile market our clients earned 140 points profits in my two selling alerts!!
FED cuts 50 bps, followed by Australia and Malaysia rate cut. But not hope in US markets…… Dow fell 785 points.
Street waiting for next rate cut in India ??
Increased Coronavirus cases in India……. Really bad news
Now Asian market are mixed and SGXNifty almost in flat
FIIs sold 2415 Cr worth of stocks in cash segment DIIs bought 3135 Cr
FIIs bought 241 Cr of index future
NiftyFuture likely to witness open at flattish note and expecting another volatile session
Today NF is facing a intraday resistance at 11330 and 11360
If stays above 11360………. Will try to move 11400-11420 next strong zone!!
Today NF considering supports 11235 and 11180
Below 11180……….. Next support 11110
Don’t short at very lower levels!!
More live market update will be sent to our clients only
Updated : 08.39 AM / 04th March 2020
