While updating NiftyFuture were trading @ 10760. Marked a high of 10817 and low of 10736.95
Asian market were ended mixed. Japan’s Nikkei dropped 175 points(0.78%), Australia ASX down 92 points (-1.54%) and Hong Kongs’s Hang Seng added 138 points (+0.54%)
Dow future trading around flattish note at 25875 and down 27 points.
Now, NiftyFuture is facing a intraday resistance at 10800-10835
If crossover and holds above 10835……. Finding a next very strong resistance and 200 DMA around 10880-10920
(Overall NF if breaks and closes above 10900……….. Ultimate Target 11100-11200)
Today NF considering a supports 10740, 10705 and 10650
Below 10650………. Expecting bears action up to ?
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Updated : 12.33 pm / 08th July 2020