Nifty Future Last Close : 11311.70
NiftyFuture has witnessed wild swings throughout the week with both index
NiftyFuture has took strong support around 11100 on Wednesday
On Friday, NF was made a low of 11185.85 and went up to 11385……. Finally closes at 11311
FIIs have turned to bullish on Friday…. They have bought 749 cr of cash segment whereas DIIs sold 703 cr
IIP data came negative on Friday & World bank cut India’s GDP to 6%
FIIs bought 662 cr of index future and sold 861 cr of index options
This Week NiftyFuture Trend Decider 11115 and 11385
Today NiftyFuture is expected to open at negative note
Likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11330 -11355 – 11385
Once if breaks and holds above 11385……….. We see more strength upto 11425
Stay caution at higher levels!!
Today NF can be considered as supports as 11295, 11270 and 11250
Below 11250………..Finding a next support around 11200
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Updated : 08.45 AM / 14th Oct 2019