Nifty Future last close : 11781.65
On Wednesday, Nifty Future has closed at marginal higher & Dalal Street wati for election results
NF made a high of 11833.25 and low of 11710, Finally closes at 11781.65
FIIs and DIIs are both selling side of cash segment, FII sold 965 cr and DII sold 157 Cr
On derivative side, FII bought 135 cr of index future and sold 2524 cr of index options
Big Event Day. Huge Volatile Day.
Who will form new govt ?? Which Govt favorite for markets ?? Dalal street waiting for results!!
NDA if get clear majority (above 275+)………….Nifty Fut will flying 12100, 12220 and 12550 (4%-7%)
NDA if get below majority (around 230-260)………Nifty will struggle around 11400-11800
Suppose NDA and UPA if get 185-220 equal……..Will be see blood bath 11100-10800
Suppose Third party will form govt………..Will be check Nifty10000 on coming days
Trade small quantity (Already brokers reduced exposures)
Retail investors…… Please stay away & better to watch movements
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Updated : 08.41 AM / 23rd May 2019
