NiftyFuture trimmed morning gains and now consolidated around 11910
Asian Development Bank cut India’s FY 2020 GDP growth forecast to 5.1% from 6.5%
All indices are now trading almost flat only. IT indices higher then 100 pts.
Now, NiftyFuture is facing a intraday resistance 11940-11965 and 11985
Every rise can sell……….There is no strength at higher levels!!
NF can be considered as supports as 11895-11880
Thereafter will try to check 11845………. Very strong support zone around 11825 (Spot 11800)
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Updated : 12.17 PM / 11th Dec 2019
