NiftyFuture last close: 10713.85 (+0.8%)
NiftyFuture was seen volatility trade on yesterday. It was terrific Thursday.
NF was opened at 10653 then dropped up to 10580.90 again went up to 10738.
In last 45 minutes, Bulls shown his power and NF was spiked up to 75 points
In end of the day, Nifty and Sensex gained 1% each
I have recommended selling alert NF at 10675 and booked profit at 10620
Weekly expiry special recommended long straddle Nifty 10650CE and PE at 35 and booked profit 75
INFY climbed 11% and contributed 63 points gain to Nifty index and followed by Nestle 13 pts, Hdfcbank 9 pts.
FIIs net sold 4687 crore worth of stocks in cash segment July month so far whereas DIIs sold 2029 Cr
US market dropped on Thursday. Disappointing jobs data pulls market at lower
Dow Jones fell 0.5%, S&P500 lost 0.35% and Nasdaq lost 0.75%
Asian markets are set to open at mixed trend
SGXNifty were trading at 50-70 points higher despite of negative global cues
Oil prices fell 1% after OPEC to ease record supply curbs
FIIs sold 1091 crore worth of stocks in cash segment whereas DIIs bought 1659 crore
SGXNifty indicate a positive opening for the index of Nifty likes 50-70 points
Today NiftyFuture is facing a intraday resistance at 10735 and 10760
Once if breaks and manages above 10760, Will try to move 10800-10825
NF was seen trading range between 10555 to 10890 in last 9 sessions.
Today NF can be considered as supports as 10695 and 10670
Below 10670…….. Finding a next support at 10625 and 10580
More live market update will be sent to my clients only
Updated: 08.46 am / 17th July 2020
