Nifty Future last close : 8616.75
As expected Nifty Future was melted on Yesterday
NF opened gap down at 8662 and made a high of 8669…….. Then melted up to 8585.55
Boldly written in last more then 5 sessions…….. Stay caution at higher level & Go short
We sent selling alert NF @ 8650 and Booked Profit @ 8600…..50 points profit
Sold Banknifty Future @ 19830 & Booked Profit at 19530….. 300 Points Profit
FII’s net sell 763 crore in Index Future & Net sell 606 crore in Cash segment
Nifty Future is expected to open Negative zone & Likely to witness Selling pressure at higher level
While updating SGX Nifty were down almost 35 points!!
Today Nifty Future facing Resistance 8640-8665
If crossover 8665……….. Littile bit short covering will be expected….. But stay caution!!
Today’s Supports 8595 & 8570
Once if breaks 8570 & stays below the level………. Finding next support around 8520
More live market update & entry, exit levels send to our clients only
Updated : 08.54 AM / 27th Oct 2016
