NiftyFuture last close: 14165.30
NiftyFuture closed in the green for the second session of the 2021
Nifty gained 114 points while the Sensex rose 307 points
NF was opened 14100 and went to 14170 then slipped and made a low of 13970 again went to 14179
Index was seen sharp recovery from day’s low 13970 to 14180. Almost 200 points spiked from day’s low
Do you know ? Yesterday morning I did mention NF support at 13970. NF bounced from my support level.
Sectorally the action was seen in metals, auto, and IT stocks while profit booking visible in banks and consumer durables
INFY, TCS, Wipro, Tatasteel, Hindalco, Jswsteel and Techm top gainers of index
US markets ended lower on first day of 2021 persistent surge in virus cases
Dow Jones fell 382 points, S&P500 lost 55 points and Nasdaq fell 190 points
Asian markets edged lower on Tuesday
UK PM orders new stay at home national lockdown to fight new coronavirus variant
FIIs net bought 1843 crore while DIIs sold 715 crore
SGXNifty indicate a gap down opening for the index and likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance 14180, 14210 and 14250
Above three levels are crucial for today’s trade!!
NF can be considered as supports as 14140 and 14100
If trade below 14100………. Then will finding a next support around 14050 and 13980
More live market update will be sent to my clients only
Updated: 08.56 am / 05th Jan 2021
