NiftyFuture March last close: 17467
April last close: 17544.45
On Thursday, NiftyFuture was opened 17520 and went to 17555 then fell to 17437
March month expiry was seen range with volatility
However, The March month Nifty was bounced almost 1800 points from recent low (8 March)
Last finance year 2021-2022 the Nifty50 gained 18%
On 31 March, the finaly tally was Sensex ended 115 points down while Nifty50 fell 33 points
Volatility index sustained around 21
Bank index was seen consolidated trade on monthly expiry
In this consolidation market very trouble for option buyers while sellers have upper hand
Oil slumps 7% as US plans record crude reserve release
China’s March factory activity contracts at sharpest rate in 2 years
Centre’s fiscal deficit jumps to 82.7% of FY22 target in April 2021-Feb 2022
FIIs net bought 3088 crore while DIIs net bought 1145 crore
US markets slumped on March 31
Dow fell 550 points and Nasdaq dropped 221 points
Asian markets fell Friday morning following overnight loss on Wall Street
SGXNifty indicates a negative opening for the index
Today, NiftyFuture is facing a intraday resistance 17550, 17575 and 17600
Stay caution at higher levels and close watch Nifty spot will it sustains above 17500 or not ?
On other side, NF can be considered as supports as 17500, 17475 and 17440
Below 17440, will try to check 17375
Updated: 08.50 am / 01st April
