07th Jan 2020 #NiftyFuture Intraday Levels

NiftyFuture last close : 12043.70

NiftyFuture was fell more then 225 points, biggest correction in the last 6 months

US markets erased all losses and closed in the green mark

Asian indices opened with gains and sgxnifty up 70 points

Crude fell almost 3% from intraday high

FIIs sold 103 Cr worth of stocks in cash segment DIIs also sold 24 Cr

FIIs sold 977 Cr of index future and sold 583 Cr of index options

Today NiftyFuture likely to witness opened at higher levels

As per technical view……… Nifty till in bullish mode & not changed bearish

Today NF is facing a intraday resistance at 12085, 12110 and 12150

Above levels are hurdle for today’s trade…….. Suppose

If breaks and holds above 12150…….. will try to move 12200+

Stay caution at higher levels!!

Today NF can be considered as supports 12030 and 11990

Major support around 12k………..Watch!!

More update will be sent to our clients only

Updated : 09.06 AM / 07th Jan 2020