17th March 2017 Nifty Future Update

Nifty Future last close : 9176.15

Yesterday Nifty Future was opened gap up and sustained at higher level

There is no benefit for intraday players in Nifty Future on last Three sessions

Tuesday……… NF was opened gap up around 9130 & whole day range only

Wednesday……….NF was opened 9130 and again range around 10 points

Thursday………… NF was opened 50 points gap up and sustained 15 points only

No use of last 200 points movement in Nifty Future for Intraday players!!

FII net buy 857.97 crore in Index Future & net buy 1360 crore in cash segment

  

Today Nifty Future is expected to open positive note

Likely to witness range bound session during the day!!

Today Nifty Future is facing Resistance 9195-9215

Once if breaks 9215 and holds above the level……….. We see rally up to 9240+

Today NF is consider supports 9160-9140

Decline to go long…….. and Don’t short at lower levels!!

Below 9140……… Selling pressure will be expected

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Updated : 09.00 AM / 17th March 2017