Month: March 2020

31st March 2020 #NiftyFuture Intraday Levels

March 31, 2020 NIFTY Future Update

NiftyFuture last close : 8290.15 (-4.20%)

NiftyFuturue saw a another weak session, Index fell 4.2%

In last hour, NF has slipped almost 250 points.

Financial stocks has seen strong selling pressure, HDFC, Bajfinance, Hdfcbank, and Kotakbank

India VIX index closed at 72 up 2%

On the Option side, Premium was eroded in both CE and PE options

FII net sell 967 Cr in Index Future. OI +18728 contracts

FII net buy 481 Cr in Index options. OI +23837 contracts

FIIs net buy 2012 Cr in Stock future. OI +24920 contracts

FIIs sold 4363 Cr worth of stocks in cash segment whereas DIIs bought 3550 Cr

On global side, US market bounced from two days declined, Dow gained 700 points

Oil prices continue to be under pressure, Brent prices at 25 year’s low

Asian markets opened in the green mark, China has opened all industrial

Australia, South Korea and Japan indices seeing over 2% higher

On Virus side, US cases are up normal, Italy and Spain deaths around 750-800 on Yesterday

In India virus case are under control.

Nifty was worst month since 2008

Today NiftyFuture is expected to open with a positive note and likely to witness volatile trade during the day.

NiftyFuture is facing a intraday resistance at 8400 and 8520

If crossover 8520 with volumes, Finding a next resistance at 8650-8750

Today NF can be considered as supports as 8250, 8180 and 8050

Don’t short at lower levels!!

More live market update will be sent to our clients only

Updated : 08.25 AM / 31st March 2020

31st March 2020 #BankniftyFuture Intraday Levels

March 31, 2020 Bank Nifty Future Update

BankniftyFuture last close : 18799.55 (-5.0%)

BankniftyFuture was fell 5% on Yesterday and saw volatility trade in whole day

 Major bank stocks fell more than 5%, likes Kotakbank, HDFCBank, ICICIBank and SBIN

Today BankniftyFuture is facing a intraday resistance at 19000 and 19150

If crossover 19150 with volumes, Then will move up to 19450 and 19700

Today BNF considering a supports 18500 and 18200

Below 18200………. Stay caution!!

More live market update will be sent to our clients only

Updated : 07.47 AM / 31st March 2020

30th March 2020 #NiftyFuture Intraday Levels

March 30, 2020 NIFTY Future Update

NiftyFuture Last Close : 8651.40

NiftyFuture was closed with a minor gains on Friday (gained 20 points)

On Friday, US markets fell after 3 days pullback gains, Dow fell 950 points and now Dow Fut down 250 points

Asian markets are lower now. Japan down 600 pts, Hangsend down 320 pts

Brent crude at 17 year’s low, down 17% and trading @ USD 23 / bbl

Indian Rupee ends at 27 paise higher at 74.89 vs $

On RBI report on Friday, Forex reserves fall by $12 billion, FPI’s pullout 1 lakh Crore

Virus reports, Globally virus spread around 7.20 lakh and more than 1.25 lakh infected in US

Trump open speech, Next two weeks crucial for US, Deaths figure will rise

In my view, India under control…… Cases increased slowly. If take more strict action will be controlled

On Friday, Surprised FIIs bought  356 Cr worth of stocks in cash segment DII’s also bought 1703 Cr

NiftyFuture weekly trend decider 9070 and 7540

While updating SGXNifty were trading around 8440 down 200 points

Today NiftyFuture is facing a intraday resistance at 8600, 8700 and 8780

Every rise can sell………..If comes above resistance zone…… Can sell

Today NF can be considered as supports 8510, 8380 and 8280

Below 8280……… Expecting more weakness up to 8100

Don’t short at very lower levels!!

More live market update will be sent to our clients only

Updated : 08.37 AM / 30th March 2020