17th Sept 2020 #NiftyFuture Intraday Levels

NiftyFuture last close: 11616.40

NiftyFuture was broken last 10 days high and closed above the level. Good sign

But, While updating SGXNifty indicate a negative opening for the weak global cues

FED decided to keep interest rates near zero. That one is good for stock market

Let’s see stocks wise movements…….. Pharma stock did well in last two sessions

Also IT stocks was performed very well likes Infy, Tcs, Wipro and Techm

Reliance hit fresh record high

Banking stocks if supported to nifty……… Easily index will cross recent high 11800

US markets ended lower on Wednesday. Dow Jones rose 37 points and Nasdaq fell 140 points

Asian markets were set to drift lower on Thursday

Oil up more than 4%. Brent crude up $1.70 or 4.3%

FIIs net bought 264 crore worth of stocks in cash segment whereas DIIs sold 212 crore

Today’s NiftyFuture supports and resistance levels

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Noon update will post around 12.30 pm………… Be patient!!

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Updated: 08.51 am / 17th Sept 2020