Niftyfuture last close: 11831.80 (+0.7%)
NiftyFuture broken recent strong resistance and closed above the level
Index opened at 11823 and went up to 11914.50 then slide 11795. Finally closes 11831
Huge volatility was seen on yesterday’s trade
IT stocks and Hdfcbank have supported to lift the index
Index was climbed almost 1100 points in last 9 sessions without Reliance support
Suppose if Reliance will support to index and easily will break 12k mark
Today key event RBI Policy
Expecting some good news from GST for auto stocks and infrastructure
US markets ended higher on Thursday. Likely to announce fresh fiscal support
Dow Jones rose 122 points and Nasdaq added 57 points
Asian markets were set to higher levels
The first time RBI Policy will announce at 10 AM
FIIs bought 979 crore worth of stocks in cash segment whereas DIIs bought 19 crore
SGXNifty indicate a positive opening for the index and likely to witness volatile trade will be expected
Today NiftyFuture is facing a intraday resistance 11865 and 11910
If crossover and holds above 11910……… Finding a next resistance around 11950
Today NF considering a supports 11820, 11795 and 11760
Below 11760…….. Will try to check 11720
More live market update will be sent to my clients only
Updated: 08.46 am / 09th Oct 2020
