08th Nov 2019 #NiftyFuture Intraday Levels

  • Nifty Future Last Close : 12047.95
  • NiftyFuture saw another volatile day and gained 40 points
  • NF has bounced from intraday low 11972.30 and went up to 12058
  • Some positive news came “US has agreed to reduce some tariff”
  • NF has consolidated around 11950-12050 in last six sessions
  • Yesterday recommended buying alert NF at 11995 and booked profit at 12045. Profit 50 points
  • Did you know ?? In last more then 20 days our motto was…….. Every decline to buy
  • One thing is clear….. If NF sustained or trade lower level…… Expecting some sharp up move in end of the day
  • Every decline to buy CE and sell PE and Every higher levels buy PE and Sell CE
  • FIIs bought 926 cr of stocks in cash segment whereas DIIs sold 635 cr of stocks
  • FIIs bought 328 cr of index future and bought 2104 cr of index options
  • Overall Trend is positive……. Global cues are positive……. FIIs continue to buy

Today NiftyFuture is expected to open at negative note

 Likely to witness consolidate trade will be expected during the day

  Today NiftyFuture is facing a intraday resistance at 12025, 12040 and 12075

If crossover 12075 and stays above the level……….will try to move record high

(NF if sustained almost 2-3 hrs in 20 pts range……. Expecting some sharp bounce back)

Today NF can be considered as supports as 12000, 11980, 11970 and 11950

If trade below 11950……….. Expecting some profit booking up to 11880

 Buy at decline and keep a stop of supports

    More live market update & alerts will be sent SMS to our clients only

Updated : 09.43 AM / 08th Nov 2019