09th May 2016 Nifty Future Update

monday 4

 

NIFTY  FUTURE Last Close :  7760

Friday Nifty Future was traded very Range bound & Low volume market

NF made a high of 7770.60 and low of 7700.95 then closes at 7760.25

FII’s continue to selling mode 989 crore net sell in Index Future

Net buy 27 crore in cash segment

  

 This Week Trend Decider : 7685 & 7885

Today  Nifty Future facing resistance 7780 & 7800 levels

Once if breaks 7800 and stays above the level……….. Finding next resistance around 7840

But higher level stay caution!!……….. Don’t jump and buy!!!

support 1

Today’s Supports 7740 & 7720

Below 7720…………. Next crucial support 7685 (Trend Decider level)

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