Nifty Future last close : 8519.75
Yesterday Nifty Future was melted from intraday high
NF made a high of actual 8590 (flashed 8888) and low of 8511.70 then closes at 8519.75
Yesterday we have recommended Two alerts
First alert : Buying alert @ 8570 SL hit 8555…….. 15 points loss
Second alert : Selling NF @ 8555……… Booked profit at 8520. Profit 35 points
FII’s net buy 331.96 crore in Index future and net buy 420 crore in cash segment
FII this series (July) net buy 5882 crore in index……….. So huge longs is there ??
Once they exit longs (unwinding)………..NF will crash up to 200 points easily!!!
Wait & See few days………….. What will be happened!!!!!
Let’s see Today’s levels of Nifty Future
Nifty Future consider Resistance 8545 & 8565
Once if crossover 8565 with volumes………….. Finding next resistance around 8605
But stay caution at higher level………….because very strong hurdle around 8605
Are your Risky trader ?………….. Go short at higher level stop of 8605
Today’s supports 8490 & 8475
Once if breaks 8475………….. with volumes………. We see blood bath up to ??
More live market update & entry, exit levels send to our clients only
Updated : 08.51 AM / 22nd July 2016
