NiftyFuture last close:11293.35
Very tough fight was seen between bulls and the bears
NiftyFuture was opened gap up at 11275 and went up to 11334.75 then dropped up to 11242 again went up to 11300.
Did you know? Yesterday morning I did mentioned NF strong resistance at 11340
NF unable to cross my strong resistance zone and closed at 11293
Sector wise action was seen Pharma stocks, Capital goods, and Realty while profit booing was visible in Energy, and Oil & gas stocks
Divislab and Cipla surged more than 10% after the strong earnings report
Icicibank announced QIP issues floor price at 351.36
Reliance, Bhartiartl, Idea and Indusindbank waiting for AGR case
SC says next hearing on 14th Aug
US markets ended with mixed trend. Nasdaq dropped 43 points, Dow rose 360 points and S&P500 gained 10 points
Asian markets were set for a mixed trend. Japan’s Nikkei slipped marginally and Hong Kong market rose 0.5%
AMFI reports Mutual Fund adds 11 lakh new SIP accounts in July and discontinued 7 lakh last month as against 6.5 lakh in June
FIIs bought 302 crore worth of stocks in cash segment whereas DII sold 505 crore
Ban period stocks in F&O segment Canbank, Idea, Centurytex, Muthootfin, and VEDL
SGXNifty indicate a positive opening for the index and likely to witness sideways trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11340 which is placed recent top
Once if breaks and manages above 11340……… Finding a next resistance at 11380-11430
Today NF can be considered as supports as 11275 and 11245
Below 11245……….. Finding a next support around 11190
More live market update will be sent to my clients only
Updated: 08.33 am / 11th Aug 2020
