Niftyfuture last close: 11455.35 (+1.3%)
NiftyFuture was climbed 1.3% and 170 points but Reliance was contributed 120 points to index
NF was seen huge volatility in last 2 hours
Border tensions will be stable
India-China foreign ministers agree to quickly disengage border troops
Covid-19 infections increasing and daily infections near by 1 lakh
Global sentiment seems negative
US markets closed lower after a choppy trading session on Thursday
US weekly jobless claims stuck at higher levels for the week ended Sept 5
Dow Jones fell 405 points or 1.45%, and Nasdaq dropped 222 points or 2%
Asian markets were set to lower on Friday
FIIs net bought 838 crore worth of stocks in cash segment whereas DIIs sold 318 crore
SGXNifty indicate a negative opening for the index and likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11445, 11465 and 11490
Above three resistance are crucial for today’s trade…….. Suppose
If breaks and manages above 11490…………. Finding a next resistance around 11540
Today NF can be considered as supports as 11410 and 11380
If breaks and sustains below 11380………. Finding a next supports 11330-11350
More live market update will be sent to my clients only
Updated: 08.44 am / 11th Sept 2020