NiftyFuture last close : 10939.90
CoronaVirus, Yesbank and now Crude down 25%
Saudi markets fell almost 8%, Aramco lost $500 billion in single day
All global markets are blood bath now……… Dow Fut fell 1300 points, Nikkei 1250 pts out, Hangseng down 1050 points, China fell 105 pts (2.50%)
While updating SGXNifty were trading at 10590 down 300 points
Current crash seems like that 2008 financial crash
On Friday, FIIs sold 3595 Cr worth of stocks in cash segment whereas DIIs bought 2544 Cr
FIIs sold 2982 Cr of index future
Another blood bath day………….. NiftyFuture likely to witness will open at 10600
Today NF considering a strong support at 10640, If trade below the level
Finding a next supports 10580, 10510 and 10450………..
(If closes below 10640………. Ultimate Target 10330 and 10000)
No need to write Today’s resistance!!………
Avoid overnight position (Tomorrow is holiday)
More live market update will be sent to our clients only
Updated : 08.51 AM / 09th March 2020