Nifty Future Last Close : 11938.15
NiftyFuture saw sharp bounce back in last 30 minutes
NF was made a low of 11872.30 then went up to 11953.90
While updating SGXNifty were trading at 11995 up almost 50 points
Yesterday morning bought 12000PE at 100 and booked profit at 150. Return 50% in 3 hrs
After exited 150………. 12000PE closed around 85. Timing exit is very important in stock market
FII one day buy and another day sell…….But net in this month they sold almost 3000 Cr
FIIs sold 605 cr worth of stocks in cash segment whereas DIIs bought 239 cr of stocks
FIIs sold 20 cr of index future and sold 158 cr of index options
Today NiftyFuture is expected to open at positive note
Likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 11960, 11990
Once if breaks and holds above 11990……… Will try to check next resistance around 12030
Again NF at 12000……… and expecting some cosolidate trade!!
Today NF can be considered as supports as 11935, 11915 and 11890
Don’t short at very lower levels!!
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Updated : 08.58 AM / 12th Dec 2019
