NiftyFuture last close: 15817.30 (+0.4%)
NiftyFuture was ended with fresh record highs on June 11
Nifty50 gained 0.8% while Sensex was rose 0.7% in last week
But, Midcap and smallcap index surged more than 3%
Banking stocks did not well despite all index went up
VIX below 15 that is the reason option premium is very very low
April IIP shoots up 134% YoY due to low base effect
Today Coalindia, IOB, and IDFC will be declaring earnings report
FIIS net bought 18 crore while DIIs bought 666 crore in cash segment
US markets ended modest higher at the end of last Friday
Most of Asian markets were shut today
Japan’s Nikkei index rose 0.50% in early trade
NiftyFuture Trend Decider 15860 and 15650
Today NiftyFuture is facing a intraday resistance 15830 and 15860
If stays above 15860 and closed above the level gate will be open to 16050 for this week
On other hand, NF considering a supports 15790, 15760 and 15720
Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated 08.48 am / 14th June 2021
