Niftyfuture last close: 11922.85
NiftyFuture was seen huge volatility on yesterday
Index was opened at 11823 and went to 11920 then slipped up to 11744 and again bounced-back up to 11945
Yesterday NF movement was almost 450 points up and down
In US election Biden leading the polls
Boost for IT stocks and Nasdaq index gained almost 4%
Dow Jones rose 371 points or 1.35% and S&P500 gained 74 points or 2.21%
Asian markets higher on Thursday and awaited a clear result from the US election
FIIs bought 146 crore worth of stocks in cash segment whereas DIIs sold 8 crore
SGXNifty indicate a gap up opening for the index and likely to witness volatile trade will be expected due to weekly expiry
Today NiftyFuture will be opened above strong crucial resistance at 12030
Above 12030 and manages above the level……… Rally will be expected up to 12080, 12125 and 12160
Once if closes above 12030……………..Likely to test life time high in this Nov series!!
Today NF considering a supports 11975, 11930 and 11850
Buy on declines!!
More live market update will be sent to my clients only
Updated: 08.47 am / 05th Nov 2020
