NiftyFuture last close: 11929.80
On Friday NiftyFuture was opened at 11865 and made a low of 11815 then went up to 11949.95
Do you know? Friday I did mention NF support at 11820 and Resistance at 11950
Index was marked a bottom and top level what I did mention levels
NiftyFuture continued uptrend for the second consecutive week ended Oct 9
On 18th Sept to 24th Sept Nifty was fell from 11600 to 10800 in just 5 sessions
On 25th Sept to so far (09th Oct)Index was rallied from 10800 to 11950 in just 10 sessions index spiked 1150 points
Today Wipro will be declaring result and buyback news also there
After market hours GST press release, IIP data and CPI inflation there
Without Reliance support Index was rallied 1150 points. Suppose Reliance, SBIN, ITC, and HUL if support Nifty will hit all time high 12430
US markets rose on Friday and Nasdaq hit their biggest weekly gains since July
Dow rose 160 points, S&P 500 gained 30 points and Nasdaq added 160 points
Asian markets were set to mixed trend on Monday
SC is scheduled to hear the loan moratorium case on Oct 13 which is very crucial for banking stocks
FIIS sold 39 crore worth of stocks in cash segment whereas DIIs bought 126 crore
SGXNifty indicate a positive opening for the index and likely to witness volatile will be expected during the day ahead of Moratorium case
Today NiftyFuture is facing a intraday resistance at 11965, 11985 and 12020
Once if breaks and manages above 12020 finding a next resistance 12070 and 12110
NF considering a supports 11925, 11905 and 11885
Below 11885………….. Will try to check 11845
More live market update will be sent to my clients only
Updated: 08.48 am / 12th Oct 2020
