NiftyFuture last close : 8362.20
Yesterday morning I have tweet “Market sustained in green mark despite of 21 days lockdown” It’s good signal for some rally. That time NF traded around 7800
Same time I have recommended buying alert NF at 7800 Target 8000 and 7700CE
Achieved given targets both NF and CE options.
US markets was rose on second day, Dow climbed 495 points (slipped 500 pts from day’s high)
US markets awaiting 2 trillion stimulus package
India rides on hope of stimulus package to be announced soon
In India virus cases crossed 600 mark……… If controlled no problem
Suppose if uncontrolled……… Big problem will be happened!! Stay home and stay safe
FIIs sold 58000 Cr worth of stocks in this month of march
Yesterday too FIIs sold 1893 Cr of stocks and DIIs bought 737 Cr
Today March series expire day, Nifty has fell 18% and Banknifty slipped 38% in this series. So Today expecting huge volatility, Take care.
Today NF likely to witness opened at positive note and expecting volatile trade
NF is facing a intraday resistance at 8440, 8500 and 8575
Above Three levels are very hurdle for today’s trade!!……… If crossover 8575
Expecting more short covering………. But stay caution at higher level. Avoid fresh buying
Today NF considering supports 8300, 8220 and 8150
Below 8150………….. Further weakness will be expected up to 7900
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Updated : 08.46 AM / 26th March 2020