NiftyFuture last close : 11629.25
Yesterday NiftyFuture saw volatile swings throughout the day
NF has opened 11665 then slide up to 11540. Again went up to 11630
In last 1 hour NF recovered almost 70 points
In Feb series opened 12103 (31st Jan) and made a low was 11598 (03rd Feb) again went up to 12260 (14th Feb) then slide up to 11540 (27th Feb)
Did you know ???………….. In Feb series NiftyFuture swing was 1970 points
US market fell another 1190 points……. Worst fall more than 9% in last 4 sessions
Corona Virus has damaged global market
While updating SGXNifty down 200 points.
Yesterday I did mention in our blog…….. Nifty below 11600 next strong support at 11120.
NF continued to add short positions as the short term technical charts
Every day NF broken previous day’s low……..That one happened only on Bear market
India VIX index closed -3.6% at 17.6
FIIs sold 2200 Cr of index future and bought 6887 Cr of index options
FIIs sold 3127 worth of stocks in cash segment whereas DIIs bought 3497 Cr
Domestic fund only supported to our market……… Think….. If domestic not support & if sell our market going to crash!!
Today NiftyFuture will be opened around 11400-11440
Once if breaks and holds below 11400……… More panic will be expected up to 11340-11290
Every rise can sell…………Likes 11530-11600……. Don’t think to buy!!
Are you brave heart trader ??………. Do trade!!
Otherwise……………. Stay away!! & Just watch
More live market update will be sent to our clients only
Updated : 09.02 AM / 28th Feb 2020
