08th Aug 2016 Nifty Future Update

 monflyNifty Future last close : 8708

As expected Nifty Future was opened gap up and closes almost intraday high on Friday

NF made a high of 8717 and low of 8631.60 (flashed)……. Then closes at 8708

Last 22 sessions FII huge investment in cash segment

Yes………12949 crore net buy in cash segment

Net buy 9167 crore in Index pack last 22 sessions

      

 This Week Trend Decider 8888 & 8630

Nifty Future rally will be continued……While updating sgxnifty were trading at 8755 & up 52 pts

Don’t think on short selling & Every lower level go longs!!

Today’s Nifty Future consider resistance 8735 – 8760

Once if breaks 8760 and stays above the level…………… We see more rally up to 8810

Nifty Future ultimate target 9100+ (If not breaks 8630)

Today’s Nifty Future consider supports 8685 & 8660

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Updated : 08.52 AM / 08th Aug 2016