16th Sept 2019 #NiftyFuture Intraday Levels

Nifty Future Last Close : 11105.55

 NiftyFuture saw a sharp bounce back on Friday’s trade & came near by strong resistance zone

NF was opened at 10990 and made a low of 10962.15 then went up to 11118.

FII’s bought 300 cr of index future and bought 1180 cr of index options

FIIs sold 405 cr worth of stocks in cash segment whereas DIIs bought 209 cr of stocks

Today NiftyFuture is expected to open at gap down

 Likely to witness volatile trade will be expected during the day 

No major announcement from the FM and Oil prices spurt sudden drone attack which sees Saudi Arabia shut down half of its output

 Today NiftyFuture is facing a intraday resistance at 11080, 11120, and 11150

Above three resistance are hurdle for today’s trade!!

NF Strong resistance at 11150, Once if breaks and holds above the level…….

Gate will be open for 11247 & 11350 (Positional)

 Today Nifty Future can be considered as supports as 11045-11015

Below 11015……… Finding a next support around 10980 (20 DMA)……. Thereafter ??

   More live market update & alerts will be sent SMS to our clients only

Updated : 08.58 AM / 16th Sept 2019