11th Jan 2017 Nifty Future Update

 

Nifty Future last close : 8293.85

 Yesterday also Nifty Future was opened little bit up & sustained whole day in same place

NF was range & low volume on consecutive second day

NF made a high of 8298.75 and low of 8260……. Then closes at 8293.85

FII net sell 203 crore in Index Future and net sell 21 crore

U know…………??  FII consecutive selling in cash segment  last 22 sessions

Net sell 13919 crore in cash segment in last 22 sessions!!……… Something wrong??

  

 Today Nifty Future is expected to open above 8310

Likely to witness up move continue during the day

Nifty Future is facing Resistance 8305-8335

Once if breaks 8335 and stays above the level…………. Try to move 8375+

Overall NF above 8300………. No problem for bulls!!

Today’s Nifty Future is consider supports 8285 & 8270

Major support around 8245………Keep your all longs stop of 8245 closing basis!!

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Updated : 08.49 AM / 11th Jan 2017