NiftyFuture last close : 12374.35
Yesterday NiftyFuture was moved just 40 points up and down but seems volatility
Large cap not doing but small cap and mid cap doing very well
Street waiting for some trigger points likes Today Reliance, Hcltech, Tcs results
Tomorrow HDFCBANK result will be there……… So next week NF will move based on results
Supreme court dismissed telecom company’s plea so some weakness will show
FIIs sold 395 Cr worth of stocks in cash segment & DIIs also sold 185 Cr
FIIs sold 586 Cr of index future and bought 636 Cr of index options!!
NiftyFuture likely to witness opened at negative note and expecting some selling pressure at higher levels
Today NF is facing a intraday resistance at 12395 and 12415
Above 12415………… Will try to move 12440……… But there is no shine at higher levels
Stay caution at higher levels
Today NF can be considered as supports as 12350 and 12330
Thereafter will be check 12290………!!
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Updated : 09.03 AM / 17th Jan 2020
