21st Nov 2019 #NiftyFuture Intraday Levels

Nifty Future Last Close : 12018.15

NiftyFuture saw a strong session on Yesterday’s trade up 0.4%

Reliance almost made it to the 10 lakh crore market cap

Pharma index were on fire with the index up by 3%

While updating SGXNifty were trading at 11995 down 20 points

Yesterday NiftyFuture was made a high of 12066 then closed at 12018.

Down almost 45 points from day’s high

FIIs bought 566 cr worth of stocks in cash segment and DIIs also bought 183 cr 

FIIs sold 818 cr of index future and bought 140 cr of index options

FIIs sold 42 cr of stock future and sold 79 cr of stock options

  Today NiftyFuture is expected to open at negative note

 Likely to witness consolidate trade will be expected during the day

  Today NiftyFuture is facing a intraday resistance at 12035, 12050 and 12070

Above three resistance are hurdle for today’s trade!!

 Once if breaks and holds above 12070…….. Finding a next resistance at 12120

 Today NF can be considered as supports as 12000 and 11965

If trade below 11965……….. Expecting next support around 11935

Don’t short at lower levels!!

( All your longs keep stop of 11785 and all your shorts keep stop of 12070)

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Updated : 08.55 AM / 21st Nov 2019