NiftyFuture last closed : 12106.70
While updating SGXNifty were trading at 12030 recovered almost 100 points after Trump tweet at 8.30 AM
Iran Vs USA at peak tensions now…….. Global market melting!!
Gold at 7 years high and Crude at 4% higher…….. Both are major negative news for India
India mostly imported oil from Iran
FIIs sold 682 Cr worth of stocks in cash segment whereas DIIs bought 311 Cr
Surprise in f&o data……. FIIs bought 1398 Cr of index future and bought 875 Cr of index options
Likely to witness NiftyFuture will opened at lower levels and expecting selling pressure & profit booking at higher levels
NiftyFuture considering supports 12070 and 12020
Below 12020………… Finding a next support around 11960, Thereafter 11920
High volatile will be expected……….. Stay caution!!
NF is facing a intraday resistance 12095, 12130 and 12160
Every rise to sell…………Don’t think to buy at higher levels!!
More live market update will be sent to our clients only
Updated : 08.58 AM / 08th Jan 2020
