23rd Jan 2020 #NiftyFuture Intraday Levels

NiftyFuture last close : 12145.25

Yesterday NiftyFuture saw a sharp selling pressure and index declined 0.5%

Consecutive third weak session. Lost 235 points in last three sessions

Asian market slide on Virus concerns

Kotakbank, Icicibank, Maruti, Hdfc are among the top losers on Nifty pack

Metal index dropped 2% and Bank index melted 0.80%

Recommended selling alert BankniftyFut at 31200 and Booked profit at 30900

FIIs sold 50 Cr worth of stocks in cash segments and DIIs also sold 307 Cr

FIIs sold 927 Cr of index future and bought 22 Cr of index options

Today NiftyFuture likely witness will open at flattish note

Expecting selling pressure will be expected at higher levels during the day

Today NF is facing a intraday resistance at 12170, 12185 and 12225

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

Today NF can be considered as supports as 12120, 12100

Below 12100………… Finding a next support around 12060

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Updated : 08.59 AM / 23rd Jan 2020