09th Feb 2021 #NiftyFuture Intraday Levels and Pre-market report

NiftyFuture last close: 15126.50 (+1.3%)

NiftyFuture rallied for a sixth day in a row

Bulls dominate the entire day and benchmark indices to record highs on Feb 8

NF was opened 15068 and went to 15167 then closed at 15138

Nifty50 gained 190 points while Sensex rose 617 points

Action was seen Auto, Telecom, Metals and Banking stocks while selling visible in FMCG stocks

Strong global cues supported the rally

India VIX shot up to 3.5% at 23.50. Once if cool down and holds below 21 then only we see range market. That is the reason Option premium is too high

Bitcoin surged 16% after Tesla investing news. Gained 50% in 2021, Gained 5X from 52 week low

US markets reached all time highs on Monday

Dow Jones rose 237 points and Nasdaq gained 131 points

Asian markets were set to rise on Tuesday

Oil climbs to 13 months highs at $60.85 a barrel

Today focus on Tatasteel, Adaniports, Burgerking, Muthootfinance, and Max

FIIs bought 1876 crore worth of stocks in cash segment while DIIs sold 505 crore

NiftyFuture formed a small bodied bullish candle form on a daily chart and continues to higher highs-higher lows formation of the last six sessions

NiftyFuture is facing a intraday resistance at 15150, 15170 and 15210

If crossover 15210……….. Finding a next resistance at 15260

Today NF considering a supports 15110, 15090 and 15030

Below 15030………. Will try to check 14960……….Don’t short at very lower levels

More live market update will be sent to my clients only

Updated: 08.48 am / 09th Feb 2021