11th Sept 2020 #NiftyFuture Intraday Levels

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

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Updated: 08.44 am / 11th Sept 2020