NiftyFuture last close: 11306.90
NiftyFuture was opened gap down at 11245 and made a low of 11202 then spiked up to 11324
Day before yesterday NF fell almost 100 points in last one hour. But on yesterday NF rocked almost 75 points in last 1 hour
But, NF was higher than the opening level….. Little bit positive
Finally Nifty declined 40 points and Sensex was down 172 points
India – China border tensions continued and delay in the Covid-19 vaccine have hit the bad sentiment
Selling pressure visible in banking stocks, IT stocks and Financials
Reliance has been supporting in last two days to the lift index
Today talk of the town SC will take bank’s moratorium case, But don’t know the timing
Bank index will be reacting the SC guidelines
VIX index stabilized around 20
US markets ended higher levels on Wednesday to snap a three session losing
Dow Jones rose 440 points or 1.6%, Nasdaq jumped 294 points or 2.7%
Asian markets were trading at higher levels
FIIs sold 959 crore worth of stocks and DIIs also offloaded 264 cr worth of shares in cash segment
Today’s NiftyFuture supports and resistance levels
Entry and exit will be sent to my clients during market hours!!
Noon update will be post around 12.30 pm………… be patient!!
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Updated: 08.40 am / 10th Sept 2020