Nifty Future Last Close : 12047.70
Yesterday NiftyFuture saw a volatile day ahead of RBI Policy
RBI kept rates on hold…….But projected GDP at 5.1%
While updating SGXNifty were trading at 12070 up 22 points
Yesterday most gainers of IT and FMCG stocks while banks, metals, auto stocks saw selling pressure
FIIs turned to buy in cash segment, FIIs bought 653 cr whereas DIIs sold 410 cr
On derivative side, FIIs sold 665 cr of index future
Today NiftyFuture is expected to open at positive note
Likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 12065, 12080 and 12110
NF trading range in last 4 sessions around 11980-12130……..Stay caution at higher levels!!
Today NF can be considered as supports as 12030, 12015 and 11990
Below 11990…….. Expecting further weakness up to 11940
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Updated : 09.06 AM / 06th Dec 2019
