NIFTY FUTURE Last Close : 7904
Yesterday Nifty Future was unexpected rally upto 2% & Broken intraday resistance levels
NF made a high of 7912.20 and low of 7775….. Finally closes at 7904
Huge short covering & fresh buying seen on Yesterday’s market
FII’s net buy 695 crore in Index Future and net buy 224 crore in Cash segment
While updating SGX Nifty were trading at 7875 down 30 points
Today Nifty Future consider resistance 7920-7945 levels
If crossover 7945……….. Finding next resistance 7980………. There after we see unexpected level
Today’s Supports 7880 & 7860
Below 7860…………. next support around 7825 levels
Decline to buy………..Don’t short at lower levels!!
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Updated : 08.47 AM / 10th May 2016