NiftyFuture last close: 12957.25
NiftyFuture shining and closed in the green for the consecutive 3rd day in a row
On last few sessions corrections was came in intraday itself and end of the day closed at higher levels
NiftyFuture closed above 12900 levels for the first time in history
NF was opened at 12863 and went up to 12910 then slide up to 12833 again shot up to 12965
Sector wise action was seen Banks, Financials, Capital goods and Auto
Profit taking was visible FMCG, IT, Telecom and Pharma stocks
Without Reliance support Nifty was climbed 11400 to 12900
I think….. Once Reliance will give support to Nifty then sector wise correction will start!!
US markets closed steeply lower on Wednesday
Dow Jones fell 345 points, S&P500 lost 42 points and Nasdaq declined 98 points
Asian markets followed US markets and seems selloff on Thursday
FIIs again pumped 3071 crore in cash segment while DIIs sold 2789 crore
SGXNifty indicate gap down opening for the index and likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 12940, 12965 and 12990
Once if breaks and manages above 12990……….. Will move 13045+
Today NF considering a supports 12900 and 12875
Below 12875………… Finding a next support around 12810-12830
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Updated: 08.52 am / 19th Nov 2020
