NiftyFuture opened at flattish at 9210 then slide up to 9125. Then bulls dominated NF went up to 9373, sharp bounced up to 275 points.
Currently seems huge choppy trade in both indices NiftyFuture and BNF
Maybe anyone not predict this much of bounce-back likes 275 points
While updating NiftyFuture trading at 9320.
Now, NiftyFuture facing a intraday resistance at 9350-9375 and 9420
Yesterday’s high was 9420 and will act today’s strong resistance.
But stay caution at higher levels…….. If risky can sell and keep stop of 9420 for intraday
NF considering supports 9275 (2hrs support) then 9220 and 9180
Updated : 12.30 PM / 06th May 2020
