NiftyFuture last close: 15618.15 (+0.2%)
NiftyFuture was ended all time high once-again but consolidated around 15600
NF was opened 15612 and went to 15660 then slipped and made a low of 15546 again shot up to 15630
Only 2-4 stocks supported to lift the index
Reliance once-again rallied
Bajaj twins given more contribution to Nifty
Other Nifty50 stocks was seen consolidated
VIX below 17 that’s why option premium is very low
Today, Mothersumi, MuthootFin, Pvr will be declaring earnings report
FIIs net sold 449 crore while DIIs net bought 230 crore in cash segment
Three stocks under F&O ban BOB, Sail and Suntv
US markets ended mixed trend
Asian markets were set to mixed opening on Wednesday
SGXNifty indicate a cautions opening for the index within 10-20 points negative
However, NiftyFuture formed hanging man pattern in daily scale but weekly scale showing bullish view
Anyway, NF is facing a intraday resistance 15635 and 15660
Above 15660, will try to move 15700
NF can be considered as supports as 15585 and 15545
Below 15545………. Finding a next support around 15480-15500
More live market update will be sent to my clients only
Updated: 08.53 am / 02nd June 2021
