05th Aug 2019 #NiftyFuture Intraday Levels

Nifty Future Last Close : 11024.05

 NiftyFuture saw another volatile day on Friday

NF was opened 10940 and made a low of 10886.05 then went up to 11125.40, Finally closes at 11024.05

Oops………. Huge volatile day!!…….. But my clients earned profits

Did you know……..?? Thursday our clients hold short position NF at 11010 and Booked profit 10910

Again……… Short position at 10980 and booked profit at 10930…….. Total 150 points profits on Friday

On Friday, FIIs sold 2888 cr worth of stocks in cash segment whereas DIIs bought 2812 cr of stocks

FIIs sold 1014 cr of index future and sold 463 cr of index options

This week NiftyFuture Trend Decider 10885 and 11170

 Today NiftyFuture is expected to open at gap down ahead of global cues

 Likely to witness volatile trade and selling pressure will be expected during the day 

Today NiftyFuture is facing a intraday resistance at 11000 & 11050

 If crossover 11050 with volumes……… Then will move up to 11095

But……… Stay caution at higher levels & Create short position at resistance zone

Today Nifty Future can be considered as supports as 10950 & 10885

 If breaks and holds below 10885………. Finding a next support around 10825

Thereafter we see more panic up to 10760

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Updated : 08.58 AM / 05th Aug 2019