10th May 2019 #Nifty Future Intraday Levels

Nifty Future last close : 11334.80

 Nifty Future saw a volatile session and ending the 8th of losses amid global cues.

On Thursday, Nifty Future was made a high of 11397 then sharp panic and made a low of 11291

We have sent selling alert NF at 11390 and Target given 11320. Achieved and booked 70 points profits

FIIs has very bearish, they sold heavily on stocks and index

FIIs sold 655 cr worth of stock in cash segment, whereas DIIs bought 678 cr of stock cash

FIIs sold 2068 cr of index futures and bought 2047 cr worth of index options

While updating sgxnifty were trading at 11345 almost in flat

 Today Nifty Future is expected to open at flattish note

 Likely to witness volatile trade will be expected during the day 

   Today Nifty Future is facing a intraday resistance at 11340-11365 and 11395

 But, Stay caution at higher levels or can do short selling at resistance zone

   Nifty Future can be considered as supports as11305 and 11275

Index if breaks and holds below 11275, Further weakness expecting up to 11220

(Note : Nifty Future 200 DMA at 11058)

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Updated : 09.01 AM / 10th May 2019