NiftyFuture Last Close: 15209.30
NiftyFuture was consolidated 15150 to 15250 on Wednesday and finally settled at 15209
While updating SGXNifty indicate huge gap up like more than 200 points
In every f&o new series market was seen huge selling pressure on first one week new series then recovered and went to series high
Like, Two weeks back same Friday (March series first day) Nifty was fell more than 500 points and came nearby 14550. Now 15400
India VIX down almost 10% on Wednesday
Dow Jones and S&P500 indices hit all time highs on March 11 while the bigger than expected fall in weekly jobless claims
Dow Jones rose 188 points, S&P500 gained 40 points and Nasdaq added 330 points
US President Joe Biden signs USD 1.9 trillion Covid-19 relief bill
Asian markets were set for strong opening on March 12
FIIs net sold 15 crore while DIIS bought 447 crore on 10th March
4 stocks under F&O ban on NSE. BOB, PNB, Sail and Suntv
SGXNifty indicate a gap up opening for the index and likely to witness volatile trade will be expected during the day
NiftyFuture is facing a intraday resistance 15320 which was indicated last week high
If crossover 15320 and manages above the level, expecting rally up to 15370, 15440 and 15500
On other side NF finding a support 15200, 15170 and 15130
Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.53 am / 12th March 2021
