Last close: 17900.10 (+0.5%)
On Friday, NiftyFuture was seen consolidated around 17850-17925
NF was opened 17883 and made a low of 17835 then went tp 17940
Overall last week Sensex gained 2.2% while Nifty50 was gained 2.07%
Smallcap index surged 3.9% and Midcap index gained 2.4%
Largecap added 2% and IT index rallied 4.6% on last week
FIIs net sold 3685 crore while DIIs net bought 3458 crore on last week
US markets ended slightly lower on Friday
Asian markets were set to higher trade on Monday
HangSeng and Nikkei gained more than 1%
SGXNifty indicates a positive opening for the index
NiftyFuture weekly trend decider 17960 and 17600
Today NiftyFuture is facing a intraday resistance 17925, 17940 and 17970
Once if breaks and holds above 17970, expecting further rally up to 18030+
NF considering a supports 17880, 17860 and 17835
Don’t short at very lower levels!!
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Updated: 08.47 am / 11th Oct 2021
