NiftyFuture last close: 11147.65
Yesterday NiftyFuture was seen highly volatile
Do you know ?? I have strongly recommended day before yesterday “Nifty trend changed at 11185″ If close below the level trend will be changed to bearish”
My mantra was in last more than one week……….. “SELL ON RISE”
What happened on yesterday ?? NF consolidated around 11200-11230, but seen strong selling pressure and nifty fell up to 11028″ But finally closed at 11147
Now, SGXNifty now trading at 11000
FIIs sold heavily on last two days…….. That one is a another market trigger
On yesterday FIIs sold 3912 crore worth of stocks in cash segment
DIIs turned to buying mode……. They bought 1629 crore
US markets fell 2%, S&P500 fell 78 points and Nasdaq declined 330 points
Asian markets were set to opened lower on Thursday
SGXNifty indicate a gap down opening for the index and likely to witness huge volatile trade will be expected during the day ahead of F&O expiry
Today NiftyFuture can be considered as supports as 11055 and 11030
If stays below 11030, Finding a next supports 10970 and 10920
NF is facing a intraday resistance 11080 and 11150
Every rise can sell……… sell…………sell…………sell………..sell
Don’t think to buy!!
More live market update will be sent to my clients only
Updated: 08.43 am / 24th Sept 2020
