#NiftyFuture noon update

VERY BIG ANNOUNCEMENT

1) CORP TAX RATE SLASHED; EFFECTIVE RATE AT 25%
2) TAX ON SHARE BUYBACK WITHDRAWN
3) 15% MAT FOR COs SEEKING EXEMPTIONS
4) TAX RELIEF FOR FPIs ON CAPITAL GAIN
5) 15% TAX FOR MFG COs SET UP AFTER OCT 1

NiftyFuture broken strong resistance 11150………and now trading at 11260

Now…….NF currently trading around 200 DMA 11260.

If closes above the level………Non stop rally will be expected on next week

Expecting targets 11420 and 11570…………

If comes decline can buy!!

Updated : 12.14 PM / 20th Sept 2019

20th Sept 2019 #NiftyFuture Intraday Levels

Nifty Future Last Close : 10711.30

 NiftyFuture saw a huge selling pressure throughout the day both indices closed in red

NF was made a high 10841.90 then cracked up to 10678.60. Finally closes at 10711.30

NF witnessed a surge in open interest along with a fall in the underlying price, Indicating short positions

FIIs sold 892 cr worth of stocks in cash segment whereas DIIs bought 645 cr of stocks

FIIs sold 1700 cr of index future and bought 2848 cr of index options

Today NiftyFuture is expected to open at positive note

 Likely to witness selling pressure will be expected during the day 

  Today NiftyFuture is facing a intraday resistance at 10735, 10760 and 10800

 Above three levels are hurdle for today’s trade……..

Again same mantra… Sell on rise & Don’t think to buy!!

There is no strength at higher levels……..!!

NiftyFuture was came near by recent bottom on Yesterday’s trade……!!

Today NF can be considered as supports as 10680, 10665 and 10625

Once if breaks and holds below 10625…………… Expecting more selling pressure up to 10550

   More live market update & alerts will be sent SMS to our clients only

Updated : 09.06 AM / 20th Sept 2019

20th Sept 2019 #BankniftyFuture Intraday Levels

Bankniftyfuture last close : 26781.85

BankniftyFuture was came near by recent bottom (Six month low) on Yesterday’s trade!!………. But not break!!

Today BNF facing a intraday resistance at 26870-26930-27050

Every rise can sell………….Nothing else!!

Today BNF can be considered as supports as 26680 and 26610

Below 26610……….. Finding a next supports 26500 and 26300

More live market update will be sent to our clients only

Morgan credits sold 2.5% stake in Yesbank for 337 crore

Ranakapoor pledged nearly 10 crore share around 80

YESBANK finding a recent bottom at 53

If breaks and holds below the level…….. will test 48-47

Ultimate target 35

Updated : 09.04 AM / 20th Sept 2019

20th Sept 2019 Hot Stocks & Stocks To Watch

RELIANCE

(Last close : 1179.05)

Day before yesterday…….Mentioned RELIANCE strong support at 1186 & below sell

Yesterday broken strong support and closes below the level

Favor for bears……….. If rise likes 1185-1192 sell sell

Down side supports 1165 and 1155

Resistance 1200

ZEEL

( Last Close : 308.85)

ZEEL has seen sharp panic selling & stock declined 8%

Now stock considering support at 305

Below the level, Expecting more weakness up to 298-290

Resistance at 317

LUPIN

(Last close : 741.25)

LUPIN has declined after received warning letter

Favor for bears…….. if rise likes 745-752 can create shorts

Down side supports 733 and 722

Resistance at 760

CIPLA

( Last Close : 452.05)

CIPLA near by trend line support

Stock once if breaks & stays below the level

Expecting more selling pressure

Which level will be breaks ?? and What is the Targets ?

Will be sent alerts to our clients during market hours

Updated : 08.52 AM / 20th Sept 2019