29th April 2016 Nifty Future Update

friday11NIFTY  FUTURE April Last Close : 7853.45

May series last close : 7895

Yesterday Nifty Future was cracked almost 2%

NF made a  high of 8000 and low of 7834 then closes at 7853

May series NF closes at 7895 with premium of 48 points

Yesterday Boldly written below 7920…………. ” More weakness will be expected ”

NF after broken 7920 level …………….. cracked 7834 levels!!

FII’s net buy 103 crore in Index Future and net buy 120 crore in cash segment

  

Today’s Nifty Future consider Resistance 7900-7930

Above levels are very hurdle for Today’s trade!!

Sell on Rise………….. Don’t buy at higher level………..Fresh short can create at higher level

Nifty Future above 8005 only looks good……….

support 12

Today’s Supports 7870 & 7850

Below 7850…………..will check 7805, There after Free Fall will be expected!!

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Updated : 08.43 AM / 29th April 2016