NiftyFuture last close; 14191.10
NiftyFuture was seen selling pressure and index fell almost 80 points from day’s high on yesterday
NF was opened 14200 and went to 14283 then slipped up to 14175
In last three sessions NF was struggled around 14200-14300……. Something cooking
FIIs have reduced buying value. Day before yesterday FIIs was sold and yesterday they bought less than 500 crore
Reliance and Hdfcbank till not perform
Metal stocks outperform in last two days
Central govt projects the country’s economy to contract by 7.7% in the current fiscal year 2020-2021
US market hit record highs on Thursday
Dow Jones and Nasdaq all set new highs amid growing calls for Trump’s removal
Asian markets were set to mixed trend
FIIs net bought 383 crore worth of stocks in cash segment whereas DIIs sold 989 crore
SGXNifty indicate a positive opening for the index
Today Niftyfuture is facing a intraday resistance at 14225 and 14255
If stays above 14255 then will finding a next resistance around 14300-14320
Very crucial resistance for 14300……….!! Stay caution!!
Today NF considering a supports 14170, 14150 and 14120
Lower level strong support around 14070………. If breaks and manages below the level
Expecting further selling pressure!!
More live market update will be sent to my clients only
Updated: 08.49 am / 08th Jan 2021
