NiftyFuture last close: 11351.75 (-1.7%)
On Friday NiftyFuture was seen huge volatility and finally dropped 1.7%
On last week NF fell 2.6% in week ended Sept 04. Sensex fell 2.9% to 38357 dented by weakness in global cues and India-China border tensions
India-China border situation will play a crucial role in the coming days
US markets was recovered from day’s low on Friday but ended in loss
Dow Jones slipped 159 points, S&P500 fell 28 points and Nasdaq fell 145 points
Europe markets was closed almost 1% to 1.5% ended on Friday
FIIs sold 1888 crore worth of stocks in cash segment whereas DIIs sold 457 crore
This week NiftyFuture trend decider 11600-11260
Today NiftyFuture is facing a intraday resistance at 11400, 11435 and 11480
Above three levels are hurdle for today’s trade!!
Suppose if trades above 11480………… We see some strength up to 11530
Today NF considering a supports as 11320, 11300 and 11260 (Weekly support)
If manages below 11260………..Expecting more pain up to ?
More live market update will be sent to my clients only
Updated: 08.05 am / 07th Sept 2020
