NiftyFuture last close: 14930.65 (+0.2%)
What a amazing week and Indian market was seen biggest ever weekly gains more than 9% in benchmark index
On Friday NF was opened at 14950 and went to 15008 then fell and made a low of 14866. Finally closed at 14930
Banking and Finance stocks helped to lift the index
Index option premium is too high and VIX sustains 23-25
Maybe VIX index will be cool-off this week
Reliance still struggled around 2000
US markets rallied on Friday. Dow Jones rose 90 points and Nasdaq climbed 78 points
Asian markets were set to higher levels on Monday
Today BPCL, Balkrishind, Godrejcp, NMDC, Suntv and Torrentpharma will be announce their earnings report
FIIs net bought 1461 crore in cash segment whereas DIIs sold 1418 crore
SGXNifty indicate a positive opening for the index and likely to witness volatile trade will be expected during the day
Today NiftyFuture is facing a intraday resistance at 14970 and 15015
If stays above 15015………. Finding a next resistance around 15060-15080
NF can be considered as supports as 14900, 14860 and 14800
If comes support zone can buy!!
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Updated: 08.40 am / 08th Feb 2021
