Last close : 9138.25
On Friday, NiftyFuture saw volatile trade, Opened gap down 100 points at 9160 then went up to 9260 again fell and closed at 9138. Net fall 160 points.
NF attempted four times at 9330-9380 but not sustained once if came that level seen strong selling pressure!!
FIIs sold 207 Cr worth of stocks in cash segment and also DIIs sold 993 Cr
NiftyFuture is expected to open at gap up and likely to consolidating around 9150-9250
NiftyFuture is facing a intraday resistance at 9180, 9220 and 9265
Major resistance and strong resistance around 9250-9385.
Today NF can be considered as supports as 9125, 9090 and 9050
Don’t short at very lower levels!!
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Updated : 08.55 AM / 27th April 2020
