Nifty Future last close : 11652.90
On Wednesday, Nifty Future has saw a strong reversal and off almost 1%
NF was made a high of 11744 and index sustained almost 11720 then seen sharp panic
Made a low of 11642.55, Finally closes at 11652.90
Do you know?? In last 9 sessions came huge selling pressure NF around 11750.
FIIs bought 1430 Cr and DIIs bought 462 Cr worth of stock.
In the derivative market FIIs sold 1170 Cr in index future and bought 307 Cr in index options
In stock future, FIIs sold 689 Cr and bought 5 cr stock options
Today Nifty Future is expected to open at flattish note
Likely to witness selling pressure will be expected at resistance zone during the day
Today Nifty Future is facing a intraday resistance at 11665-11685 and 11715
If crossover 11715 with volumes, Then will move up to 11750
But, Stay caution at higher levels!!…… Can go short selling @ higher levels!!
Because there is no strength at higher levels from last 9 sessions
Nifty Future can be considered as supports as 11640-11620
Below 11620, Further weakness will be expected up to 11580, 11540
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Updated : 09.00 AM / 11th April 2019
