NiftyFuture last close: 13143.40 (+1%)
NiftyFuture rose 1% at 13143 while Sensex rallied 505 points to 44655 on Dec 1
It was surprised……. Because day before yesterday SGXNifty fell 250 points but yesterday our market opened flattish note and rallied 1%
US markets closed at record high on Tuesday
Investors get more confident Covid-19 vaccine will be available soon
Dow Jones rose 0.65%, S&P500 gained 1.13% and Nasdaq added 1.25%
Asian markets were set to mixed trend on Wednesday
In our market……… Reliance moved decently on yesterday
PSU banks did well, Especially Canarabank, and Sbin
Kotakbank was struggled at higher levels in last 3 sessions
Indusindbank did very well
Oil prices drop on Tuesday. Brent crude were down 0.6%
FIIs continued to pumping money they bought 3242 crore while DIIs sold 1043 crore
SGXNifty indicate a flattish opening for the index and likely to witness sideways trade will be expected during the day
Today NiftyFuture is facing a immediate resistance 13150 and 13185 (weekly trend decider)
If crossover 13185 and holds above the level……… Expecting next resistance 13230
Today NF can be considered as supports as 13120 and 13085
Below 13085……….. Will try to check 13035 and 12980
More live market update will be sent to my clients only
Updated: 08.49 am / 02nd Dec 2020
