NiftyFuture Last Close: 15700.85
NiftyFuture was ended almost flat note on last session
However, On weekly basis index was gained more than 1.50%
On Friday, NF was fell from intraday high 15756 to 15700 and ended 50 points off from day’s high
Midcap and Smallcap index was outperformed on last week
VIX below 16. Hence, Do not expect violent move
Oil hits new multi year highs. Brent crude rose 28 cents to $72.17 a barrel
RBI says : Bank credit grows by 5.98% and Deposits by 9.66%
Unionbank, Centralbank, MRF going to declare earnings report on today
FIIs net bought Rs 1499 crore value of stocks while DIIs sold 1175 crore
Four stocks under F&O ban. Ibullhsgfing, Pnb, Sail and Suntv
US markets ended higher on Friday
Dow Jones rose 150 points, S&P500 gained 35 points and Nasdaq gained 203 points
Asian markets were set to mixed opening on Monday
SGXNifty indicate a positive opening for the index likely to witness side-ways trade will be expected during the day ahead of low VIX
NiftyFuture weekly trend decider 15880 and 15500
Today NiftyFuture is facing a intraday resistance 15725 and 15765
If stays above 15765, Finding a next resistance 15810
NF can be considered as supports as 15675, 15650 and 15600
Don’t short at lower levels…….. If there is any declines can buy!!
More live market update will be sent to my clients only
Updated: 08.43 am / 07th June 2021
