10th July 2020 #NiftyFuture Intraday Levels

NiftyFuture last close: 10823.55 (+1.2%)

Yesterday NiftyFuture was moved higher on last one hour

Day before yesterday NF was moved lower side on last one hour……. Something happened in last one hour trade!! Take care

Yesterday NF made a low of 10712.80 then spiked up to 10844.95 and ended at 10823

Just 4 stocks to managed index at higher levels like Reliance, Hdfcbank, Bajfinance and Tcs.

Yesterday Reliance supported to index climbing!!

TCS Q1 profit falls 13% QoQ to Rs 7008 crore and Revenue declined 4.1%

US markets dropped on July 09th. Dow Jones fell 290 points (1.12%), S&P 500 lost 12 points and Nasdaq added 69 points

Asian market were set to trading around lower levels

Hang Seng index fell 0.9%, and Nikkei trading at flattish note

FIIs bought 212 crore worth of stocks in cash segment whereas DIIs sold 803 cr

SGXNifty indicate a negative opening and likely to witness sideways trade will be expected during the day.

Today NiftyFuture is facing a intraday resistance 10845, 10860 and 10900

Already I did mention……..200 DMA around 10900 if crosses and closes above the level

Expecting more bullish trend up to 11200……. If you having shorts keep stop of 10930 closing basis.

Today NF can be considered as supports as 10810, 10785 and 10750

Below 10750……. Finding a next support around 10700-10660 (weekly support)

More live market update will be sent to my clients only

Updated : 08.48 am / 10th July 2020