Nifty Future

Nifty Future Nifty Stock Trade

Good Morning and Wish You a Happy Trading Session ….

The rally on Friday was led by value buying after two days ( 1^st August to 2^nd August’2018) consolidation. All indices ended in the green with Bank (+1.24%), FMCG (+1.13%) and Metal indices (+1.60%) rose.

Investors

The Nifty Future opening on a strong note at 11,306.00 rallied further to hit an intraday high of 11,406.90 and ended at record closing high of 11,395.75 up 113.70 points (+1.01%).

The sharp bounce back after 

correction indicating that the market may be heading for higher levels at around 11,861 levels but the may see some consolidation before moving towards these levels.

The broader markets also participated in the rally with the Nifty Madcap index – Nifty MID 100 raised 186.25 (0.98%).

Calculating the price

Nifty Future Intraday Trade Today

Today Nifty Future may face first hurdle at 11427/11430…..above 11472 vital resistance is 11513…..
Nifty Future may take 1^st support around 11329.52, if break this next and crucial support may be 11298.66……