NiftyFuture last close: 14053.85
On Friday NiftyFuture was seen range with dry volume due to many global markets was shut on Jan 1
NF was seen range between 14030 to 14060 on Jan 1
While updating SGXNifty up 60-75 points and will opening record high
Positive news is India has approved two vaccines
Negative news is Virus infections record high on US, Fresh lock-down expected in Japan and noval virus infections increased in UK
Japan’s Nikkei shed more than 1% when FUJI TV reported the govt was considering a state emergency for capital Tokyo
Oil prices slip after OPEC warns of downside risks to demand in first half 2021
FIIs net bought 506 crore on 01st Jan while DIIs also net bought 69 crore
SGXNifty indicate a positive opening for the index
Today NiftyFuture is facing a intraday resistance 14075 and 14100
If stays above 14100……….. Then will try move 14140-14175 levels
Today NF considering a supports 14040, 14000 and 13970
If there is any declines can buy!!……… Until 13870 closing basis stop for positional trades!!
More live market update will be sent to my clients only
Updated: 08.54 am / 04th Jan 2021