NiftyFuture last close: 11451.95
NiftyFuture was opened gap up at 11518 and shot up to 11568.95 then fell up to 11395 again went up to 11450.
Yesterday NF was seen huge volatility in second half session
IT stocks did very well after the guidance of Hcltech
Bank index did not well and many weighted bank stocks fell
CPI data came afternoon but data was better than expected
India’s retail inflation stood at 6.69% in August
Midcap index spiked almost 3% ahead of SEBI’s action of multi-cap fund
US stocks ended sharply higher on Monday
Dow Jones rose 327 points or 1.18%, and Nasdaq gained 203 points or 1.87%
Asian market were set to mixed trend
FIIs net bought 298 crore worth of stocks in cash segment whereas DIIs sold 120 crore
SGXNifty indicate a positive opening for the index and likely to witness volatility will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11480 and 11500
If crossover and manages above 11500 will try to move 11540
In last 10 sessions NF was struggled around 11530-11600…….. Hence stay caution!!
Today NF considering a supports 11425 and 11400
Below 11400 and holds below the level………. Finding a next support around 11350-11300
More live market update will be sent to my clients only
Updated: 08.37 am / 15th Sept 2020
