NiftyFuture last close: 15836.95 (+0.5%)
On Monday, NiftyFuture was rallied from support and helped global cues
NF was opened 15735 and made a low of 15652 then spiked to 15853
Sensex closed 326.84 points, or 0.62 percent, at 53,234.77
Nifty was up 83.40 points, or 0.53 percent, at 15,835.40
FMCG index added 2.6 percent
Nifty bank and PSU bank indices added over a percent each
Metal and information technology indices fell 0.5-1 percent
Midcap index added 0.8 percent and the smallcap rose 0.6 percent
Brent crude rose 0.7% to settled at $114 a barrel
India to address volatility in rupee against dollar- Govt source
Trade deficit shoots up 62% YoY to $25.6 billion in June
South Korea June inflation hits 24 year high and expect big rate hike
Corrtech International gets SEBI’s go ahead to float IPO
FIIs net sold 2149 crore while DIIs net bought 1688 crore
US markets shut on Monday
US Future gained more than 150 points
Asian markets were set to opened higher on Tuesday early trade
NiftyFuture formed a bullish candle on July 4
OI showing 16000CE and 15700PE added more OI which was indicating the range trade
However, NF is facing a intraday resistance 15860 and 15880
If stays above 15880 will try to move 15930 which was last week high
Above 15930 and holds above the level will try to move 16000
On flip side NF can be considered as supports as 15800, 15760 and 15720
Updated: 08.43 am / 05th July 2022
