NiftyFuture last close : 9295.15
As expected NiftyFuture fell from strong resistance zone 9375
Yesterday morning I did mention in our blog (not only yesterday in last week also)
Click here to see, What I have written on Yesterday
NF has opened at 9230 and gradually increased up to 9373.75 then sustains 9350 almost 2-3 hrs
Then slide up to 9280. I have sent selling alert NF at 9365 and booked profit at 9285
NF has attempted 4th times at 9350 level but unable to cross 9400 mark
Comes to news….. RBI issued 50k Crore to mutual fund, easing liquidity pressures on Mutual Funds
India mulls guaranteeing Rs 3 lakh crore of small-business loan
India will be decide lock-down will be extended only on Red zone
On global side, US market close with gains as Dow Jones claims 24000
Asian markets are mixed
FIIs sold 916 Cr worth of stocks in cash segment whereas DIIs bought 1141 Cr
FIIs surprised and bought 1549 Cr in index future
Today NiftyFuture is expected to open at positive note and likely to witness volatile trade will be expected during the day.
NF is facing a intraday resistance at 9335, 9375 and 9410
Again same mantra…….. NF considered very strong & crucial resistance 9350-9400
Last 4 times attempted out of 7 sessions, but failed….. Today 5th attempt
Suppose NF if breaks and closes above 9400………..Expecting more rally up to 9600-9700 for positional
Today’s NF can be considered as supports as 9280, 9250 and 9210
Seen huge open interst 9100PE, 9200PE…….Writers dominate these PE
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Updated : 08.41 AM / 28th April 2020
