07th Dec 2016 Nifty Future Update

urjit patel

 Nifty Future last close : 8169.05

 Nifty Future was traded very range & low volume ahead of RBI Policy

NF has made a high of 8219 and low of 8157 then closes at 8169.05

We sent selling alert NF at 8190 and covered at 8170…… Almost 20 points profit in side ways market

FII net buy 215.92 crore in index future and net buy 161.80 crore in cash segment

 

Today huge volatile will be expected ahead of RBI Policy

Nifty Future is expected to open positive note & Selling pressure will be expected at higher levels

Nifty Future is facing Resistance 8185-8207

Once if breaks 8207 and stays above the level……… Finding next Resistance 8245

There after will check & hurdle level around 8285………

support 14

Today Nifty Future is consider supports 8150-8135

Once if breaks 8135 and stays below the level……….Next support at 8100

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Updated : 09.01 AM / 07th Dec 2016