07th May 2019 #Nifty Future Intraday Levels

Nifty Future last close : 11656.35

 On Monday, Nifty Future has opened gap down and sustained around the level

Global cues seeing a gap down and Europe market also opened at gap down so Nifty closes near by day’s low

IT stocks only gainers while metals, media, realty and banks were worst hit as selling pressure

FII sold 949 cr and DIIs bought 90 cr in cash segment

FII sold 913 cr of index future and bought 1305 cr or index options

 Today Nifty Future is expected to open at positive note ahead global market bounced

 Likely to witness volatile trade will be expected during the day 

   Today Nifty Future is finding a intraday resistance at 11675-11705

 If crossover 11705 with volumes, Then will move up to 11740

   Nifty Future can be considered as supports as 11635 and 11615

 Below 11615, Finding a next support around 11580

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Updated : 09.01 AM / 07th May 2019