Nifty Future Last Close : 11942.60
NiftyFuture saw another consolidate day……Trading between 11910-12010
On Friday, Last 1 hour NF has seen a sharp selling pressure
NiftyFuture was up 20 points despite of BNF up 250 points ahead of Essar verdict by SC
Last two sessions FIIs was selling mode & DIIs was buying mode
FIIs sold 1008 cr worth of stocks in cash segment whereas DIIs bought 537 Cr
FIIs sold 656 cr of index future and bought 1075 cr of index options
This Week NiftyFuture Trend Decider 11785 and 12070
Today NiftyFuture is expected to open at flattish note
Likely to witness consolidate trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11970 and 11995
Once if breaks and holds above 11995…….. Finding a next resistance at 12050
But, Stay caution at higher levels & NF has struggled around 12000-12050 in last 11 sessions
Today NF can be considered as supports as 11915 & 11885
If trade below 118885……….. Expecting next support around 11835
Don’t short at lower levels!!
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Updated : 08.58 AM / 18th Nov 2019
