Nifty Future Last Close : 10932.65
NiftyFuture saw another weak session
Entire global market was huge positive but Indian index were down
Economic slowdown and there is no stimulus news from govt…. So FIIs unwinding positions!!
NF was made a high of 11039.75 then melted and made a low of 10901.60
FIIs sold 771 cr worth of stocks in cash segment whereas DIIs bought 354 cr of stocks
FIIs sold 137 cr of index future and sold 932 cr of index options
Today NiftyFuture is expected to open at flattish note
Likely to witness selling pressure will be expected at higher levels during the day
Overall market is looking very weak and there is no sign for bullish!!
Today NiftyFuture is facing a intraday resistance at 10945-10970-11010
Above are stiff resistance for Today’s trade….Same mantra.. Every rise to sell and Don’t think to buy
Stay caution at higher levels!!
Today Nifty Future can be considered as supports as 10900-10885-10850
Once if breaks and holds below 10850…….. Finding a next strong support at 10800
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Updated : 09.06 AM / 22nd Aug 2019
