NiftyFuture last close: 17375.80 (-0.2%)
On Tuesday, Indian indices broken their three day winning streak to end flattish note
NF was opened 17372 and made a low of 17300 then shot up to 17449.95
Finally ended at 17375.80. Nifty50 was down 15 points
NiftyFuture was seen highly volatile on yesterday like more than 300 points movement
HDFC and Bhartiartl did very well to lift the index
IRCTC gained more than 1000 points in last few sessions
IT and Oil&Gas index fell 1.5% each
Midacp stocks particularly above 1000 rupees value stock was seen price action
FMCG stocks did well on yesterday
SEBI introduces T+1 settlement cycle for stocks on optional basis. The new rule will come into force on Jan 1, 2022
FIIs net sold 145 crore while DIIs sold 136 crore in cash segment
Ibullhsgfin and Nationalum are under the F&O ban for Sept 7
The Dow was down 275 points, S&P500 down 18 points and Nasdaq was flat note
NiftyFuture formed a small bodied bearish candle on daily scale and breached previous day’s low but did not sustained
NiftyFuture is facing a intraday resistance at 17420 and 17450
If sustains above 17450 will try to move 17500
NF can be considered as supports as 17360, 17335 and 17300
Yesterday low was 17300 and major support for today!!
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Updated: 08.55 am / 08th Sept 2021
