NiftyFuture last close : 12268.95
NiftyFuture saw a another positive day and last 15 minutes climbed almost 30 pts
In last two sessions gained 200 pts, In last 7 sessions rocked 400 pts
Reliance has contributed to Nifty up move & FIIs continues to buying mode!!
FIIs bought 739 Cr worth of shares in cash segment whereas DIIs sold 493 Cr
FIIs bought 819 Cr of index future and bought 2816 Cr of Index options
Likely to witness NF expected to open at flattish note
Expecting to trade range bound during the session
NF is facing a intraday resistance at 12285 and 13310, Once if breaks and holds above 13310
Expecting further strength up to 12350………!! Trend line resistance at 12350. Stay caution!!
Today NF can be considered as supports as 12250, 12230 and 12190
Don’t short at very lower levels!!
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Updated : 09.05 AM / 20th Dec 2019
