NiftyFuture last close: 10766.55 (-0.5%)
On Friday, NiftyFuture fell from 10805 to 10696 then again went up to 10765
However, NF if decline can buy……. Seen strong buying at lower levels until 10650
Whenever Indian market closed Dow was at 150 points dropped but on Friday US market has ended 360 points gained
While updating Dow future were trading around 26240 and gaining of 160 points
Asian markets are higher side, Nikkei gained 1.3% and South Korea added 1%
SGXNifty were trading around 40-60 points gained at 10830+
India’s forex reserves at new high of $513.25 billion for the first time in the week ended 5th June
FIIs sold 1031 Crore worth of stocks in cash segment whereas DIIs sold 431 Crore
NiftyFuture weekly analysis for the 3rd week of July. My Youtube video click here
This Week NiftyFuture Trend Decider 10650 and 10900
Today NiftyFuture is facing a intraday resistance at 10795, 10825 and 10845
Once if breaks and holds above 10845 finding a next resistance at 10890-10920
Note first 1 hour high, if crossover one hour high we see more bulls action!!
Today NF can be considered as supports as 10760, 10735 and 10700
Buy at decline and keep a stop of supports…….. Very strong support at 10650
More live market update will be sent to my clients only
Updated : 08.51 AM / 13th July 2020
