NiftyFuture last close: 11467.10
On Friday NiftyFuture was consolidated around 11430-11450 and spiked in last 30 minutes
Finally Nifty rose 15 points and Sensex gained 14 points
On Sept 13 SEBI clarified that multi-cap schemes
WPI and CPI inflation data for August will be released on Monday 12 pm
Covid-19 daily infections increased and near 1 lakh per day. India reported 96550 confirmed cases on Sept 11, the total count of 46 lakh with 77500 deaths.
India is at second place aftet USA which reported 65 lakh confirmed case
US markets was closed on Friday mixed trend
Dow Jones gained 130 points, S&P500 gained 2 points and Nasdaq dropped 66 points
Asian markets were set to higher levels on Monday as hopes of a Covid-19 vaccine were rekindled after AstraZeneca resumes its phase 3 trials
FIIs continue to buying mode and DIIs continue to selling mode in cash segment
FIIs bought 1175 crore worth of stocks in cash segment whereas DIIs sold 724 crore
SGXNifty indicate a positive opening for the index and likely to witness consolidate trade will be expected during the day
This week NiftyFuture trend decider 11200 and 11600
Today NiftyFuture is facing a intraday resistance at 11490 and 11520
If crossover and manages above 11520……. Will try to check 11555 and 11600
Today NF considering a supports 11455 and 11420
Below 11420….. Finding a next support around 11370
Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.43 am / 14th Sept 2020