NiftyFuture last close: 10467.70 (+1.7%)
Bulls have dominated in consecutive four sessions
This June series Nifty was gained 1000 points and in last four sessions NF climbed 650 points
Yesterday I did mention in my blog NF support at 10280. You know yesterday’s low ?
NF was made a low of 10282.10 then spiked 10480.
US market ended higher on Tuesday’s session. Dow index climbed 131 points
Nasdaq closed at record high 10131
Asian market are trading mixed trend. Japan’s Nikkei added +28 and Hangseng trading at flat.
Positive news was, India-China army agree to disengage on disputed from border
FIIs bought 168 crore worth of stocks in cash segment whereas DIIs also bought 454 cr
FIIs continued in long positions around 56% in index future whereas DIIs reduced and they having 51% shorts, Sources from NSEIndia
SGXNifty indicate a positive opening for the NiftyFuture
Today NiftyFuture is facing a intraday resistance at 10500 and 10535
If breaks and holds above 10535 finding a next resistance at 10580 and 10630
Be caution……… Once if short covering complete……… expecting more profit booking.
Today NF can be considered as supports as 10450, 10425 and 10400
Below 10400………… Will try to check 10340 and 10280
More live market update will be sent to my clients only
Updated : 08.49 AM / 24th June 2020
