Nifty Future Last Close : 11054.20
Yesterday NiftyFuture opened gap up at 10977 and erased almost 200 points made a low of 10745 in 1st hour
Then took sharp bounce back and made a high of 11072.35. Almost 500 points movements
After market hours…. RBI announced big transfer to govt Rs 1.76 lakh cr.
Easier recapitalization of PSU banks along with more money for infra structure growth.
FIIs sold 752 cr worth of stocks in cash segment whereas DIIs bought 1272 cr of stocks
FIIs bought 622 cr of index future and bought 2062 cr of index options
Today NiftyFuture is expected to open at gap up after RBI transfer big amount to govt
Likely to witness up trend will be expected during the day
Today NiftyFuture is facing a intraday 11085-11115
Once if breaks and holds above 11115, Finding a next resistance at 11150 and 11200
Strong resistance and 200 DMA around 11200. Note it
Today Nifty Future can be considered as supports as 11025, 10980 and 10950
Buy at decline……….Don’t think to short at lower levels!!
More live market update & alerts will be sent SMS to our clients only
Updated : 08.58 AM / 27th Aug 2019
