18th Oct 2019 #NiftyFuture Intraday Levels

Nifty Future Last Close : 11600.65

 NiftyFuture saw a superb rally on Yesterday index up 1.1% and closes above 11600 mark

NF and BNF both index closing around intraday highs

Auto index was the top outperformer………

On Thursday, FIIs bought 1158 cr worth of stocks in cash segment whereas DIIs sold 511 cr of stocks

FIIs bought 794 cr of index future and bought 4584 cr of index options

Today NiftyFuture is expected to open at negative note

 Likely to witness up trend will be expected at supports zone during the day

Long weekend and Exit poll result will be out on Monday evening…..

On Tuesday (22nd Oct) big events day…….. Exit poll, Reliance, and Hdfcbank results impack will see

   Today NiftyFuture is facing a intraday resistance at 11615, 11630 and 11650

  Once if breaks and holds above 11650………. Finding a next resistance around 11700

  Today NF can be considered as supports as 11570, 11550 and 11510

Again same mantra…………. Every dip to buy!!

Options traders……… Every dip to sell 11200PE, 11300PE and Buy 11600CE, 11650CE

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Updated : 09.02 AM / 18th Oct 2019