NiftyFuture last close: 14696 (+2.4%)
Indian market formed a another big bullish candle on yesterday
In last 2 sessions NF was surged 7%. Market players called “Nirmala Candle”
NF was opened 14520 and rallied up to 14767.25 almost in recent peak but didn’t break
Sensex rallied 1200 points or 2.46% at 49797, inched 50k
Hdfcbank did very well and in last hour Reliance helped to lift the index
US markets ended sharply higher for a second straight session on Tuesday
Dow Jones rose 475 points, S&P500 gained 53 points and Nasdaq added 210 points
Asian markets were set to higher range on Wednesday
Today focus on Bhartiartl, Adani, Apollotyres, Jublfood, Ujjivan and Adanigreen were set to declare earnings report on today
FIIs pumped 6181 crore in cash segment whereas DIIs sold 2035 crore
SGXNifty indicate a positive opening for the index and likely to witness bulls will dominate
Today NiftyFuture is facing a intraday resistance at 14730 and 14780
If crossover 14780 and manages above the level………. Will try to move 14830-14875
Today NF can be considered as supports as 14670, 14620 and 14550
If there is any declines can buy!!………. Don’t think to short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.48 am / 03rd Feb 2021
