Nifty Futures November Futures and Sector Sentiment Quick Overview

Nifty Futures Quick Flip

Nifty Futures quick flip is in buy mode since 31st Oct and more amount of time is spent in that signal. Current immediate resistance comes around 10615 levels with a possible short-term move towards 10480 levels. For any positive momentum to occur price need to scale back above 10615 levels. Daily Trading sentiment holds positive.

Sector Sentiment

Last time we seen a mass sentimental change in sectoral indices. Same sentiment holds for a week indicating a possible medium-term bullishness but in a short-term markets may remain volatile. Except NiftyIT sector rest all the sector holding positive.

Related Readings and Observations

Nifty Futures – Volatility is the Keyword – October Futures October month started with high volatile movement in Nifty Futures where it swings between 10857 - 11090 during Monday trading session. But don't be surprised with such sort of wild […]
Extreme Indications in Bank Nifty Futures Recent days Bank Nifty Futures are under extreme pressure as it had so far lost 11.5% for this month alone breaking the 4 month low or roughly more than 3300 plus points of correction in […]
Nifty Futures – Extreme Negative Sentiment Emotional selling prevailed during the Tuesday's trading session intensifying in the last 1 hour of the trading session. Emotions are running high among the traders as intraday volatility […]
Nifty Futures : Momentum Traders are Back in the Game Nifty futures bounced higher with short-term momentum players in control on Friday evening. Short term momentum play is witnessed at Friday low and 2 day high where momentum traders piled […]
Nifty Futures – September Futures – Intraday Volatility Continues Nifty Futures intraday volatility improved much better with trendy modes coming with wild swings thereby, keeping traders in busy mode throughout the day. Daily ATR levels improvised to […]
Nifty Futures – Trading Remains Range Bound – September Expiry It is a volatile Thursday where Nifty futures traded in a sideways mode with increased volatility and wild swings and price manage to close around support zone 11545. Trading sentiment […]