NiftyFuture last close: 11365.90
Yesterday NiftyFuture was traded very range but in last 45 minutes was seen volatility
I did mention in my morning report “NiftyFuture weekly and intraday support at 11260”
Do you know ? Yesterday’s low was 11266 then shot up to 11393
Reliance, HUL, Nestle and ITC was supported to lift index
US market was shut on yesterday
Asian markets regained on Tuesday
Oil prices fell on Monday after Saudi Arabia made its deepest monthly price cuts to supply
Kamnath panel submits report on resolution framework for Covid-19 hit assets
SIP investments jumped 143% and monthly registration doubled in FY20 says Paytm
FIIs sold mildly 7 crore and DIIs consecutive aggressively sold 815 crore
SGXNifty indicate a positive opening for the index and likely to witness volatility will be expected during the day
Today NiftyFuture is facing a intraday resistance 11385, 11400 and 11440
If stays above 11440………. Will try to move 11475-11490
But…… Stay caution at higher levels!!
Today NF can be considered as supports as 11350 and 11325
Below 11325……….. Finding a next supports 11295 and 11260 (weekly support)
More live market update will be sent to my clients only
Updated: 08.37 am / 08th Sept 2020
