Nifty Future Last Close : 11347.70
NiftyFuture has snapped the six-days decline owing to yeseterday’s surge
Most contributed banking and financial stocks
Nifty up 1.2%, Banknifty climbed 3.6% and PSU Bank index gained over 3%
NiftyFuture was made a low of 11113.75 then went up to 11363.25
Index was climbed almost 1.75%……… but FIIs was sold in cash segment and index future
FIIs sold 485 cr worth of stocks in cash segment whereas DIIs bought 956 cr of stocks
FIIs sold 167 cr of index future and bought 219 cr of index options
Today NiftyFuture is expected to open at negative note
Likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11370, 11395 and 11420
Above three resistance are very strong for today’s trade
Once if breaks and holds above 11420……….. We see more strength
Today NF can be considered as supports as 11325, 11300 and 11270
Below 11270………..Finding a next support around 11230
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Updated : 08.56 AM / 10th Oct 2019