NiftyFuture last close: 15105.75
NiftyFuture snapped a 6 day consecutive winning streak and closed almost flat note
NF opened at 15153 and went to 15266 then slipped in last 1 hour 15062
In last 1 hour NF slipped almost 200 points from day’s high
Sensex touched a record high 51835 then fell more than 500 points
Action was seen Telecom, Capital goods, and Banks while profit booking visible Auto and FMCG
Do you know ? Yesterday index was closed just flat note but sector wise was seen huge selling and profit booking means bears ready to sell aggressively
US markets ended mixed trend on Tuesday
Dow Jones fell 10 points, S&P500 lost 5 points and Nasdaq added 20 points
Asian market were set to higher on Wednesday
Today following company were set to declare earnings report Eichermotor, Titan, Gail, Hindalco, Auropharma, Bataindia, and Ujjivan
FIIs net bought 1300 crore value of stocks in cash segment whereas DIIs sold 1756 crore
SGXNifty indicate a positive opening for the index and likely to witness volatile trade will be expected during the day
NiftyFuture formed a Hammer kind of candlestick pattern which is indicates quick intraday correction from higher levels
NiftyFuture is facing a intraday resistance at 15140, 15170 and 15220. Major resistance around 15220-15265 (Yesterday’s high)
NF can be considered as supports as 15085, 15060 and 15030 (day before yesterday’s low)
Below 15030……… will try to check 14950………Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.43 am / 10th Feb 2021
