27th May 2016 Nifty Future update

fri13NIFTY  FUTURE May Last Close :  8062.65

June last close : 8069.65

 Yesterday Nifty Future was broken and closes above strong Resistance level 8005

Still looking very Hot……….. Last Two days huge short covering seen in Market

FII’s invest or short covering ? 5700 crore in Index future last Two session………. So 300 points up!!

Yesterday NF made a high of 8074.65 and low of 7951…… then closes 8062.65

June future closes with premium of 1 points only      

 Today Nifty Future consider Resistance 8095-8115

If crossover 8115  and stays above the level…………..We see next Resistance 8150!!

Closely watch………. & Very strong hurdle level 8150

support 1

 Today’s Supports 8060 & 8030

If breaks 8030 with volumes……….. Finding next support around 7985

But decline to Buy……………

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

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Updated : 08.55 AM / 27th May 2016