24th Jan 2020 #NiftyFuture Intraday Levels

NiftyFuture last close : 12201

NiftyFuture saw a very volatile on Yesterday’s trade

NF took bounce back from Thursday’s low 12110

Most contributed stocks Axisbank, Icicibank, Infy and Bpcl to index gained

FIIs bought 1352 Cr worth of stocks in cash segment whereas DIIs sold 985 Cr

FIIs sold 417 Cr of index future and bought 2929 Cr of index options

Today NiftyFuture is facing a intraday resistance at 12230 and 12260

Above two levels are strong resistance for today’s trade!!

Suppose, If crossover 12260 with volumes……….. Then will move up to 12300

But, Stay caution at higher levels!!

Today NF considering supports 12170 and 12140

Below 12140…………. Finding a next support at 12110

Don’t short at very lower levels!!

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Updated : 09.01 AM / 24th Jan 2020