20th May 2020 #NiftyFuture Intraday Levels

NiftyFuture last close: 8884.10

NiftyFuture has opened at gap up and made a high of 9034.80 then dropped up to 8852. But finally NF was up 55 points on 19th May

Seen huge volatility on Yesterday’s trade

Bhartiartl was top gainer in Nifty50 stocks. Stock hit record high and spiked 10%

In last 2 hour Reliance was fell 2% ahead of the biggest ever rights issue is set to open on May 20

BajajFinance announced a profit after tax Rs 948 Cr quarter ended March 2020 declined 19.4%

FIIs index position was 52% shorts on Yesterday Vs 72% shorts in day before yesterday

Weekly expiry 8800PE and 9000CE has the highest OI

US markets closed lower on Tuesday, DOW fell 390 points, Nasdaq dropped 50 points

But, Now US future trading at higher up 150 points

Asian markets are mixed now, Hong Kong fell 0.3%, and Nikkei almost in flat

While updating SGXNifty were trading at 8900 up 60-75 points

SEBI allows mutual funds to make additional investments in Govt bonds

Govt starting at a gross tax revenue shortfall of Rs 4.32 Lakh crore in FY21

China leaves lending benchmark LPR unchanged, Report says

FIIs sold 1328 Cr worth of stocks in cash segment whereas DII bought 1659 cr

Today’s NiftyFuture supports and resistance levels

Entry and exit will be send to my clients during market hours!!

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Updated : 08.41 AM / 20th May 2020