NiftyFuture last close: 11234.70
Yesterday NiftyFuture was opened 11272 and went up to 11298 then fell 11186
Do you know ?? Yesterday I did mention NiftyFuture strong resistance around 11300
Index didn’t break my resistance level
I recommended selling alert NF at 11295 and Target done 11225. Booked 70 points profit
Yesterday Reliance and TCS was supported to lift the index
Yesterday Energy, Auto, IT stocks did well
India volatility index around 20…….. So expecting some range bound market
Wall street closed lower on Tuesday and snapping three days winning streak
Dow Jones fell 130 points while Nasadaq dropped 32 points
Asian markets were set to mixed trend
Japan’s factory output rises for third month in August
China’s factory activity extends solid growth in Sept
SGXNifty indicate a positive opening for the index and expecting volatility during the day
Today NiftyFuture is facing a intraday resistance at 11260, 11285 and 11300
Once if breaks and manages above 11300…….. Expecting further rally up to 11335-11350
Today NF considering a supports 11220, 11200 and 11175
Below 11175……… Finding a next support around 11130
More live market update will be sent to my clients only
Updated: 08.39 am / 30th Sept 2020