26th Dec 2019 #NiftyFuture Intraday Levels

NiftyFuture last close : 12238.45

NiftyFuture saw a another mild weak session on Tuesday’s trade

Heavyweights stocks like Reliance, Hdfc, Hdfcbank, LT and TCS among the top draggers on the Nifty pack

NiftyFut was trading range in last 4 sessions around 12200-12315

On Tuesday, About 813 stocks have advanced, 965 stocks declined and 366 stocks unchanged on the NSE

Lack of clarity in  US-China trade deal………. Something cooking!!

FIIs turned to Negative after consecutive buying

FIIs sold 114 Cr worth of stocks in cash segment & DIIs also sold 345 Cr of stocks

FIIs sold 469 Cr of index Future and bought 1022 Cr of Index options

Today NiftyFuture trading range between 12170-12320

Likely to witness some volatility will be expected second half session

NF is facing a intraday resistance at 12250 and 12270

If crossover 12270 and holds above the level……. Expecting next level around 12320

NF considering a supports 12215, 12190 and 12170

Below 12170………… Finding a next support around 12140

But……… Didn’t expect too much fall

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Updated : 08.50 AM / 26th Dec 2019