NiftyFuture last close: 15909 (+0.8%)
Bulls dominated on month first trading day on 02nd Aug 2021
Good support global cues and upbeat macroeconomic numbers
NF was opened 15885 and went 15919 then finally ended at 15910
The whole days was seen very range with low volume
The final tally was Sensex gained 365 points while Nifty50 climbed 122 points
Volatility index settled around 12.50
Reliance did well after long period
Volumes were less than the average of the past few days which is not a good sign for bulls
Highest OI was seen 15800PE and 15900CE on yesterday closing basis
Adani Wilmar files for big bang Rs 4500 crore IPO
Today result stocks Adanient, Adaniports, Bhartiartl, BOI, Dabur, Godrejprop, and Tataconsum
FIIs sold 1539 crore worth of stocks in cash segment whereas DIIs bought 1505 crore
Suntv under F&O ban in NSE
US markets ended slightly lower on Monday
Asian markets slipped on Tuesday’s early trade
SGXNifty indicate a negative opening for the index
NiftyFuture formed a hanging man kind of pattern which was indicated caution at higher levels
Once again NF came around strong resistance 15900-15970 on yesterday
NF is facing a intraday resistance 15910, 15935 and 15970
Above resistance major crucial for today’s trade
NF can be considered as supports as 15880, 15860 and 15830
Below 15830 will try to check 15785
More live market update will be sent to my clients only
Updated: 08.28 am / 03rd Aug 2021