24th Sept 2019 #NiftyFuture Intraday Levels

Nifty Future Last Close : 11607.30

 NiftyFuture saw a another big rally…… The best two days rally in last 10 years

Nifty almost 1000 points rally in last sessions…….

As expected FIIs bought heavily…..Fresh buying and short covering both happened!!

NiftyFuture made a low of 11441 and went up to 11682.40……… Then settled at 11607

FIIs bought 2684 cr worth of stocks in cash segment and DIIs bought 292 cr of stocks

FIIs bought 1693 cr of index future and bought 2260 cr of index options

 Today NiftyFuture is expected to open at gap up

 Likely to witness up trend will be expected from supportzone during the day

Will market continue to rise or consolidate ??….. If consolidate good for further rally

   Today NiftyFuture is facing a intraday resistance at 11655 and 11685

Once if breaks and holds above 11685……… Will try to move 11740+

 Today NF can be considered as supports as 11560-11530-11470

 Every decline can buy………..Nothing else!!

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Updated : 09.03 AM / 24th Sept 2019

24th Sept 2019 #BankniftyFuture Intraday Levels

BankniftyFuture last close : 30539.35

BankniftyFuture seen a real action was as it climbed another 5.5% after Friday’s blockbuster rally………Last two session rally was 13.5%

Expecting f&o expiry will bring more volatility……. Saw a huge premium 32000CE traded around 120………Still 1500 points away and 29000PE traded 70………Oooops

Today BNF is facing a intraday resistance at 30740 and 30900

If crossover 30900 with volumes………… Will move up to 31200+

Today BNF can be considered as supports as 30440, 30200 and 29900

Buy at decline!!

More live market update will be sent to our clients only

Updated : 09.01 AM / 24th Sept 2019

23rd Sept 2019 #NiftyFuture Intraday Levels

Nifty Future Last Close : 11295.50

Indian market witnessed the biggest rally on a single day in 10 years as FM cut corporate tax rates.

Overall last week Nifty was surged 1.8% during the week. 

NiftyFuture was recovered from an week low of 10678.60 to moved up to 11405.90.

FM announced cut in corporate tax rate will be lowered to 25.17% from 30%.

The govt scrapped the minimum alternative tax for domestic companies.

On Friday, FM has announced the news, Market surged from 10705 to 11405.90

FIIs bought just 35 crore worth of stocks in cash segment & DIIs bought 3001 cr of stocks

FIIs bought 5079 cr of index future and bought 161 cr of index options

This Week NiftyFuture Trend Decider 11410 & 11000

Today NiftyFuture is expected to open at gap up

 Likely to witness up trend will be expected during the day

Nifty Trend has been changed to Bullish from Negative on Friday. index has closes above 200 DMA.

  Today NiftyFuture is facing a intraday resistance at 11425 and 11485

Once if breaks and holds above 11485………. Will try to move 11550-11600

 Today NF can be considered as supports as 11300 and 11220

 Every decline can buy………..Nothing else!!

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

Updated : 08.59 AM / 23rd Sept 2019