29th Jan 2016 Nifty Future Update

friday8NIFTY  FUTURE Jan Last Close : 7428.30

Feb Last Close : 7448.35

Yesterday boldly written Nifty Future Resistance at 7465 and Support at 7400

U know Yesterday’s high and low ??

Exact made a high of 7465 then sharp down upto 7411….. Finally closed at 7428.30

In Feb series closes with premium of 24 points!!

FII’s net sell 1598 crore in Index Future and net sell 961 crore in Cash segment

    

Today’s Nifty Future facing Resistance 7465 & 7485

Above level is very strong hurdles……….. If crossover the level we see more strength!!

Higher level can create shorts and keep a stop of above levels!!!

support 1

Today’s Supports 7415 & 7385

Once if breaks & Trade below 7385……….. Selling pressure will be expected

If close below 7385……….. Don’t hold Longs!!

   Where to Entry level & Exit Level  send alert to our clients during Market hours

Updated : 08.51 AM / 29th Jan 2016