NiftyFuture last close: 14889.40 (-0.2%)
On 9 April, NF was seen range with volatile around 14850-14950
While updating SGXNifty falling more than 200 points
Maharashtra sees record high virus cases on yesterday 63294
In India virus cases surged more than 1.5 lakh per day
Last Monday was seen same sentiment and NF was fell up to 14490
Today TCS will be declaring earnings report after market hrs
INFY planning to buy-back and positive for IT stocks
Today watch-out for IIP data for Feb and Inflation data
Bank stocks continues to under-perform
US markets was closed record highs on Friday
Asian markets started cautions on Monday
FIIs net sold 1536 crore in cash segment while DIIs net bought 1129 crore in April month so far
But both are not participate in aggressively
SGXNifty indicate a gap down opening for the index and likely to witness huge volatile will be expected during the day
Today NiftyFuture considering a supports 14780, 14690 and 14615
If sustains below 14615………. then try to check 14500 which was last Monday’s low
NF facing a resistance 14820-14900………. If rise can sell. Nothing else!!
Updated: 08.46 am / 12th April 2021