NiftyFuture last close: 12467.25 (+1.7%)
NiftyFuture was gained consecutive sixth sessions
Global cues helped the indices to close at fresh record high on 9th Nov
NF opened gap up at 12393 and went up to 12484.70 and closed nearby day’s high
Nifty rallied 198 points or 1.61% and Sensex gained 705 points
Broader markets was seen underperformed Midcap was up 1% and Smallcap added 0.5%
US markets rallied sharply on Monday after positive data from the Covid-19 vaccine trial
Dow Jones rose 835 points and Nasdaq fell 1.54%
Asian markets were set to strong rally on Tuesday
Pfizer says an early peek at its vaccine success rate stood up 90%
Oil, Gold and Silver prices fell sharply on Monday
Today focus on Bihar election results but I think it will not impact
Focus on Gail, M&M, Hindalco, Tatapower, Bataindia, Exideind, Mothersumi, and Infoedge were set to declare earnings report
FIIs aggressively bought 4548 crore worth of stocks in cash segment whereas DIIs sold aggressively 3036 crore
Early Diwali in Dalal Street
SGXNifty indicate a gap up opening for the index and likely to witness volatile will be expected during the day
Today NiftyFuture is facing a intraday resistance at 12525, 12575 and 12660
If crossover and holds above 12660……… Will try to check 12730
In intraday expect sell-off at higher levels……… Take care!!
Today NF considering a supports 12500, 12440 and 12350
More live market update will be sent to my clients only
Updated: 08.52 am / 10th Nov 2020
