NiftyFuture last close: 17355 (-0.5%)
On Tuesday, NiftyFuture was seen highly volatile with range
NF was opened 17350 and fell to 17280 (Flashed low was 17230) then shot up to 17424
Finally NF was ended a 17347
The final tally was Sensex down 166 points while Nifty was down 43 points
Small-cap and Midcap index ended marginal gains
Volatility index spiked to 3% and ended around 17
NSE indices launches Nifty digital index to track stocks exposed to “Digital Theme”
SEBI sets up panel for suggestions on solutions to detect early market anomalies
Brent oil prices dropped toward $73
WPI inflation came 14.23% and highest since 2010
FIIs sold 19th straight sessions and they sold 763 crore while DIIs net bought 425 crore
Idea, Escorts and Ibullhsgfin under F&O ban on 15th Dec
While updating US future markets seems flat
US markets was ended lower on Tuesday
Nasdaq down 1.1% and Dow was down 0.3%
European markets closes in red for the 5th consecutive session on Tuesday
SGXNifty indicates a flat opening for the index
Likely to witness highly volatile will be expected during the day
On open interest data showing, highest OI added on CE side which was indicated sell on rise
However, NiftyFuture is facing a intraday resistance 17400 and 17425
If breaks and sustains above 17425 will try to move 17460-17500
But, Stay caution at higher levels!!
On other side, NF can be considered as supports as 17300, 17270 and 17230
Below 17230….. Expecting more pain
Updated: 08.33 am / 15th Dec 2021
