NiftyFuture last close: 11317.35
What a range bound market!!………….
NF opened at 11338 and went up to 11367 again slipped 11266.85 happened before 12.30 pm……Then after 3 hrs NF was sustained 11300-11320
Whole week NF was seen 11200-11330 only
Something happen………..In last few sessions!!
Today AGR verdict is there in SC………. Maybe again will be postponed
Maybe second session expecting some action in market ahead of AGR and Tomorrow Independence day PM speech
In last one week Reliance also trading was idle
Now all known……….. Without Reliance support India’s index not moved
US markets ended lower on Thursday. Dow fell 80 points, Nasdaq added 30 points
Asian markets were set for a flat note
India’s retail inflation for the month of July stood at 6.93% Vs 6.23%
Today’s result stocks Hindalco, Glenmarket, Bergerpaints, Fortis, Suntv, UBL, and Voltas
FIIs bought 416 crore worth of stocks and DIIs sold 764 crore in cash segment
SGXNifty indicate a negative opening for the index and likely to witness sideways trade will be expected in first half and second half expecting some volatility!!
Today NF is facing a intraday resistance 11340 and 11380
Above resistance are crucial for today’s trade. Suppose if manages above 11380
Expecting more strength up to 11420…….. But chances are remote only!!
Today NF considering a supports 11290, 11260 and 11230
More live market update will be sent to my clients only
Updated: 08.46 am / 14th Aug 2020
