Niftyfuture last close : 11255.35
NiftyFuture saw another volatile day on Yesterday
NF fell from intraday high 11382 to 11230……… In last 1 hour erased almost 150 points
Recommended selling alert NF 11355 and booked profit at 11255……. 100 points profits. Same time recommended buying alert Nifty 11500PE and 11350PE all profits!!
Yesterday US markets fell 950 points……. In last 4 sessions saw 1000 pts variation
CoronaVirus affected cases increased in India……… Really bad news
Another bad news……. YESBANK. RBI Seizes and limits withdrawals
Every day came bad news only. No positive news yet
What I did mention in last Sunday (01st March) in our blog ?? Click here
I have written boldly “NiftyFuture Resistance at 11400 and Support at 11116”
Yesterday’s high was 11382 and now SGXNifty trading at 10950 down 280 points
FIIs sold 2476 Cr worth of stock in cash segment whereas DIIs bought 2510 Cr
FIIs sold 342 Cr of Index Future
Another FRYDAY………. Last Friday NF has melted 500 points (4%)
NiftyFuture likely to witness open at gap down and expecting volatile trade
NF considering support at 11115 (Monday’s low), Below the level
Finding a next supports 11030 and 10960…………If sustains below 10960
Expecting further weakness up to 10900 and 10830………
Did you know ? NF rally was started from 10700 to 12400 (After tax cut-20th Sept)
Maybe Market will be settled around 10700………….In coming days!!
(Mind voice – Suppose if not settled 10700………..??……Next supports 10260 and 10000)
No need to write today’s resistance………….. Yes, If every rise to sell nothing else!!
More live market update will be sent to our clients only
Updated : 07.40 AM / 06th March 2020
