15th Sept 2020 #NiftyFuture Intraday Levels

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