NiftyFuture last close: 11765.15 (+0.7%)
NiftyFuture was seen buying pressure at lower levels on few sessions
On Friday, NF was opened 11721 and went up to 11775 then slide and made a low of 11673 again shot up to 11798.
US markets ended with marginal gain on Friday
Dow Jones rose 112 points and Nasdaq dropped 42 points
Asian markets were set to higher on Monday
Again hopes of a US stimulus package before elections
US industrial production fell a sharp 0.6% in Sept
Today focus on private sector banks and especially Hdfcbank
Results on today, Britannia, Hdfclife, LTI, Acc, Centurytec, CSBBank
FIIs net sold 479 crore worth of stocks in cash segment whereas DIIs sold 430 crore
SGXNifty indicate a positive opening for the index and likely to witness volatile trade will be expected during the day
This week NiftyFuture Trend Decider 12020 and 11550
Today NiftyFuture is facing a intraday resistance at 11800 and 11835
Once if breaks and manages above 11835………. Will try to check 11885 and 11920+
Today NF considering a support at 11740, 11720 and 11685
Buy on declines!!
More live market update will be sent to my clients only
Updated: 08.57 am / 19th Oct 2020
