While updating NiftyFuture were trading at 11510, Marked a high of 11578 and low of 11483.
Seems huge volatility ahead of weekly expiry and US future down above 400 points
IT index only showing green while bank index down 0.9% and Mid-cap down 0.5%
Now, NiftyFuture facing a intraday resistance at 11535, 11550 and 11585
Yesterday NF has closed above struggled level 11600 but today index opened below the level
Something cooking around 11550-11600 in last 11 sessions!!……. Again same mantra
Stay caution at higher levels!!
NF considering a supports 11480-11490…. If sustains below the level
Expecting more selling pressure up to 11440
Updated: 12.30 pm / 17th Sept 2020