Nifty Future Last Close : 11943.70
NiftyFuture saw a another consolidated day and last 30 minutes bounced almost 40 points
NiftyFuture opend at 11908 and made a low was 11866 than went up to 11968, Finally closes at 11943
Again something cooking NF around 11900-12000.
Sent two alerts to our clients….. 1st one booked 60 points profits and 2nd one booked 30 pts loss
On Monday, After market hours came IIP data….. It’s 8 year’s low at – 4.3
Worst figure on manufacturing, Mining, Capital goods and Primary goods growths
Top gainer in Nifty on Monday….. Yesbank, Icicibank, Tatamotors
Top loses in Nifty……. Heromotocorp, Vedl and Nestle
FIIs bought 664 cr worth of stocks in cash segment whereas DIIs sold 245 cr of stocks
FIIs sold 491 cr of index future and bought 1203 cr of index options
Today NiftyFuture is expected to open at flattish note
Likely to witness consolidate trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11975 and 12005
Once if breaks and holds above 12005 finding a next resistance around 12040
In last 4 sessions NF has struggled around 11950-12050……… So take care of this level.
Today NF can be considered as supports as 11915 and 11885
If trade below 11885……….. Expecting more weakness up to 11835
More live market update & alerts will be sent SMS to our clients only
Updated : 08.58 AM / 13th Nov 2019
