28th Dec 2016 Nifty Future Update

 

Nifty Future last close :  8031.35

 Nifty Future was unexpected short covering on Yesterday

NF made a low of 7906.60 and high of 8045.45 then closes at 8031.35

We sent selling NF @ 7940 and stop triggered 7970.

But FII’s figure net selling only……… Net sell 444 crore in Index Future

Net sell 712 crore in Cash segment

  

Nifty Future is facing Resistance 8055-8070

Once if breaks 8070 and stays above the level………… Try to check 8110 levels

Nifty Future is consider support at 8005 & 7990

Once if breaks 7990 and stays below the level……….. Try to check 7950

Decline to go longs…….. with stop of support levels!!

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Updated : 08.44 AM / 28th Dec 2016