Niftyfuture last close: 10295.65 (-1.6%)
NiftyFuture was snapped its consecutive four days winning streak
NF was climbed 750 points in last 5 sessions and yesterday NF dropped 165 points
On Wednesday, NF was opened at 10500 then went up to 10536
(Yesterday in my pre-market report I did mention NF resistance at 10535)
Then NF fell up to 10425 again shot up to 10515………. After 2 pm crashed up to 10275
On US side virus cased increased and intensified fears of another round panic
Dow fell 710 points, S&P 500 lost 81 points and Nasdaq dropped 220 points
Asian markets are followed by global cues Nikkei down 1.2% and Hondkong, China are closed for public holiday
Brent crude fell $2 and WTI crude dropped $2.35
IMF cut world economy ahead of covid-19 pandemic
FIIs bought 1766 cr worth of stocks in cash segment (Surprised) and DIIs sold 1524 cr
Today NiftyFuture supports and resistance levels
Entry and Exit will be sent to my clients during market hours.
Noon update will post around 12.30 PM………. Be patience!!
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Updated : 08.53 AM / 25th June 2020
