NiftyFuture last close: 17964.35 (+0.5%)
On Monday, NiftyFuture was opened gap up and ended 0.5% higher
NF was opened 17900 and went to 18024 finally ended at 17964.35
First one hour NF was rallied 100 points then seen strong consolidation
Sensex reclaimed the 60,000 mark, climbing 322 points
Nifty advanced 103 points, or 0.58 percent, to 17,936.35
Nifty realty was up 2.2%, Nifty media 1.98%
Nifty IT and Nifty PSU bank gained more than 1 percent each
Nifty smallcap and midcap index advanced 1.3%, 0.95%
Adaniports, Axisbank, Techm and Titan was top gainer
IIP growth at 4 month low of 2.4% in July as base effect continues to normalise
Retail inflation rises back to 7% in August
US consumer’s inflation expectation fall again says NY Fed
FIIs net bought 2049 crore while DIIs net sold 890 crore
Three stocks under F&O ban Ibullshsgfin, Deltacorp and Ambujacem
US futures marginally higher after a close in the green for cash market
US markets ends with gains all frontline indices rise up to 1.5%
US 10-year yield rises to 3.34% ahead of key inflation reading today
European markets end with sharp gains
Ftse up 1.7% and Dax up 2.4%
Crude rises amid rising demand and settled around $93/bbl
Asian markets higher in early trade
Kospi up 2.2% and Nikkei up 0.3%
SGXNifty higher, indicates a start above 18000 for the indian market
SGXNifty indicates a gap up opening for the index
NiftyFuture likely will open around 18050-18075
As per open interest, 18000CE added more OI. If sustains above 18k trouble for option sellers
However, NiftyFuture is facing a intraday resistance 18030 and 18060
If breaks and manages above 18060 finding a next resistance 18125 and 18160
On flip side, NF can be considered as supports as 17960, 17940 and 17900
Updated: 08.44 am / 13th Sept 2022
