08th Feb 2019 #Nifty Future Intraday Levels

Nifty Future last close : 11093.80

Yesterday, Nifty Future has saw a very high volume day ahead of RBI surprised rate cut

Nifty Future scaling 1142.85 then seen profit booking set in the last hour and Index closed at flat.

 While updating SGXNifty were trading at 11063 down 30 points

FIIs net bought 418 Cr in cash segment and 999 Cr in Index Futures

US markets tank over 200 points as Trump won’t meet Xi Jinping. Asian shares fell

  Today Nifty Future is expected to open at negative note

 Likely to witness volatile trade will be expected during the day

 Today Nifty Future is facing a intraday resistance at 11100, 11120 and 11145

 Once if breaks and holds above 11145, Finding a next resistance around 11180

Stay caution at higher levels!!

Today Nifty Future can be considered as support as 11070-11045

There after will try to check 11000. Don’t short at lower levels!!

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Updated : 08.55 AM / 08th Feb 2019