Nifty Future Last Close : 11063.95
NiftyFuture saw a sharp reversal as media news of FM rolling back FPI taxes
Actual news was scheduled to meet large FIIs to discuss current market condition
NF was made a low of 10866.55 and bounced up to 11088. Finally closes at 11063.95
FIIs sold 437 cr worth of stocks in cash segment whereas DIIs bought 291 cr of stocks
(NSE site not updated derivatives activity till 08.28 AM / 09th Aug 2019)
Today NiftyFuture is expected to open at flattish note
Likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11090-11125
If breaks and holds above 11125……. Finding a next strong resistance and 200 DMA around 11180
(Today FM scheduled to meet FPI wiill be discussed issues of stock market at 4-5 PM)
Today Nifty Future can be considered as supports as 11045-11020-11000
NF if sustains below 11000…….. Again selling pressure will be expected up to 10930
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Updated : 09.09 AM / 09th Aug 2019
