NiftyFuture last close: 11824.95 (+1.2%)
NiftyFuture was reclaimed 11800 and followed a global rally on yesterday
Banking and financials stocks was seen action and helped to lift the index
Sensex closed above 40000 mark and rose 500 points. Settled at 40261
Nifty gained 145 points or 1.24% to 11813.50
HDFC did very well and stock rose almost 10% in last two sessions
Reliance was seen selling pressure in last 30 minutes
Global market waiting for US election results
While updating Biden leading 131 followed Trump at 98 (Source: Bloomberg)
US markets rose on Tuesday, Dow Jones gained 2% and Nasdaq add 1.85%
Asian markets were set to cautions trade
Results on Nov 4. SBIN, Lupin, Hindpetro, Adanient, Apollotyre, and SRF
FIIs net bought 2274 crore worth of stocks in cash segment whereas DIIs sold 1100 Cr
SGXNifty indicate a flattish note and likely to witness highly volatile expected during the day
Today NiftyFuture is facing a intraday resistance at 11855 and 11890
If stays above 11890…………. Will try to move 11950-12000.
Very strong resistance around 12000…………..
Today NF considering a supports 11820, 11780 and 11740
Below 11740……….. Finding a next supports 11680 and 11600
Trade low quantity or better to stay away!!
More live market update will be sent to my clients only
Updated: 08.39 am / 04th Nov 2020
