09th April 2019 #Nifty Future Intraday Levels

Nifty Future last close : 11674.90

Indian equity markets closed lower with both Nifty and Banknifty indices losing 0.5% & 0.8%

Profit booking was seen in high weight stocks

Nifty PSU Index closing 1% lower and Midcap index losing 0.3% lower.

In cash segment FII bought 329.60 Cr and DII sold 623.81 Cr

FII sold 864.98 Cr in index future

 Today Nifty Future is expected to open at flattish note

Likely to witness range bound trade will be expected during the day

  Today Nifty Future is facing a intraday resistance at 11700-11725

 If crossover 11725 with volumes, Then will move up to 11760

But, Stay caution at higher levels!!……….

Because there is no strength at higher levels from last 6 sessions

 Nifty Future can be considered as supports as 11665-11630

Below 11630, Further weakness will be expected up to 11580

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Updated : 08.55 AM / 09th April 2019