While updating NiftyFuture trading at 11235. Marked a low of 11113.75 and went up to 11258.
Sent selling alert NF at 11160 and booked profit at 11120. Again sent selling alert at 11205 and tight stop-loss triggered 11235.
Now, NiftyFuture is facing a intraday resistance around 11260-11285
Above levels are hurdle for next 3 hrs!!……. If crossover 11285 expect more short covering!!
BNF can be considered as supports as 11185 and 11140
Below 11140………. Will try to check 11085. Don’t short at very lower levels!!
Updated : 12.17 PM / 09th Oct 2019