26th May 2016 Nifty Future Update

thursday-black-redNIFTY  FUTURE Last Close :  7943

 Yesterday Nifty Future was moved unexpected level and huge short covering

Opened gap up at 7803 (flashed) and high of 7949.90 then closes at 7943

We sent selling alert @ 7875 and stop triggered at 7900……….. 25 points loss

FII’s huge buy in Index Future 3344 core

Net buy 495 crore in Cash segmement

      

 Today’s Nifty Future consider Resistance 7970 & 8005

Crucial and Hurdle Resistance at 8005………..

If breaks and stays above 8005………… We see more Power up-to ?

support 1

Today’s Supports 7920 & 7900

Below 7900………….. Selling pressure will be expected & But don’t panic!!

Decline to Buy with stop of ??

  Live Market update & Entry, Exit levels send to our clients during market hours

Updated : 08.44 AM / 26th May 2016