NiftyFuture last close: 10288.20 (0.5%)
Another volatile session seen on yesterday’s trade
NiftyFuture was broken recent top at 10320 and spiked up to 10374.75 then in last one hour dropped 100 points and finally settled at 10288
Morning White House’s Navarro comments on US-China trade deal is over, After his comment Dow future dropped 400 points
US Prez tweets “The China Trade Deal is fully intact. Hopefully they will continue to live up to the terms of the Agreement!”
Now Dow Fut gained 100 points. While SGXNifty also recovered 100 points from low’s
Yesterday Dow rose 154 points and Nasdaq at all time high at 10056
Asian markets were set to edge up on Tuesday’s trade
Rating agent Moody said India GDP contracting 3.1% in 2020 and growing 6.9% in 2021
FIIs bought 424 crore worth of stocks in cash segment whereas DIIs sold 1287 cr
SGXNifty indicate a positive opening for the Index with a 20-40 points gain
Today NiftyFuture is facing a intraday resistance at 10325 and 10375
If crossover 10375 and manages above the level……. More rally will be expected up to 10410-10450.
But I do not recommend buying alert at higher level…….. Stay caution.
Today NF considering a supports 10280, 10250 and 10205
Above three supports are crucial for today’s trade…….. Below 10205
Expecting more profit booking up to ??
More live market update will send to my clients only
Updated : 08.45 AM / 23rd June 2020
