18th Jan 2017 Nifty Future Update

 Nifty Future last close : 8408.50

 Yesterday Nifty Future was traded very side ways & low volume

We have written boldly NF support at 8395 & Resistance at 8445……..

What happened ??……….

NF made a high of 8448 and low of 8392.50 then closes at 8408.50

FII net sell 169.83 crore in Index Future and net buy 142.21 crore in cash segment


 Today Nifty Future is expected to open flattish note

Likely to witness selling pressure expected below the support level

Today Nifty Future is facing Resistance 8425-8440

Once if breaks 8440 & holds above the level…………. Try to move 8475

 Today Nifty Future is consider strong support at 8390

Once if breaks 8390 & holds below 15 minutes………. Selling pressure will be expected

Next supports 8345 & ??

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Updated : 08.53 AM / 18th Jan 2017