NiftyFuture last close : 12269.75
Yesterday NiftyFuture was opened gap and dominated bulls in whole day
NF gained almost 300 points in last 2 sessions
Last Friday (03rd Jan) NF was closed at 12256 and Yesterday NF closed at 12269
Just 10 points gain……….. But swing was almost 700 points in last 4 sessions!!
FIIs sold 431 Cr worth of stocks in cash segment & Whereas DIIs bought 419Cr
FIIs bought 1444 Cr of index future and bought 5937 Cr of index options
NiftyFuture likely to witness opened at flattish note & expecting side ways trade during the day
Today NF is facing a intraday resistance at 12300 and 12330
Above two levels are hurdle for Today’s trade………. Suppose
If breaks and holds above 12330………… Expecting more rally up to 12375+
Today NF can be considered as supports as 12240 and 12205
Thereafter will be checked 12160………….Don’t short at very lower levels!!
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Updated : 09.04 AM / 10th Jan 2020
