NiftyFuture last close: 15134.75 (+1.1%)
NiftyFuture reclaimed above 15100 mark and Bulls took control of Dalal street for the second consecutive day on 9 March
NF was opened 15075 and went to 15148 then dropped to 14953 again bulls dominated and NF went to 15179.85
Final tally on markets the Nifty50 gained 142 points and Sensex rose 584 points on 9 March
Sector wise action was seen banks, Finance, IT and FMCG while profit booking was seen metals and oil
India’s VIX down more than 9% and favor for option writers
Hdfc twins helped to lift the index
Kotakbank gained more than 3% and Icicibank did well
Reliance was sustained around 2200 and 10 days back stock was sustained 2000 level
US markets rallied on Tuesday, especially Nasdaq gaining over 4%
Dow Jones rose 30 points, S&P500 gained 54 points and Nasdaq spiked 465 points
Asian stocks were set to higher levels on Wednesday as falling bond yields
FIIs and DIIs both buying mode in cash segment 2801 crore and 1250 crore respectively
4 stocks under F&O ban on NSE. BOB, PNB, Sail and Suntv
SGXNifty indicate a positive opening for the index and likely to witness volatile trade during the day due to weekly expiry
NF formed a small bodied bullish candle on the daily scale which indicates declines were being bought, However NF has been moving consolidated in past 3 sessions and not emerging in a clear direction
Today NiftyFuture is facing a intraday resistance at 15175, 15200 and 15235
If breaks and sustains above 15235, expecting further rally up to 15285-15310 which was last 15 day’s high
On other side, NF considering a supports 15135, 15085 and 15020
Don’t short at very lower levels
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Updated: 08.42 am / 10th March 2021
