NiftyFuture last close: 15161.45
On Friday NF was seen sudden fall up to 100 points then recovered the lost points
NF was opened 15172 and went to 15236 then fell and made a low of 15071 again bounced up to 15160
Nifty hit a fresh record high and gained 1.6% in week ended 12 Feb
Sensex was rallied 812 points to 51544 and Midcap index rose 2 % while Smallcap index up 3.80%
India VIX fell more than 8% in last week, Its good for option writers
The major of the corporate earnings report is out of the way and supported to lift the markets
FIIs continued to pumped money into Indian markets, FIIs net bought 19466.41 crore value of stocks in cash segment Feb so far
On other hand DIIs continued to profit booking they net sold 10354 crore in mean time
US markets marginal gained on Friday. Dow rose 27 points and Nasdaq added 70 points
Asian markets were set to advanced to record highs on Monday
Japan’s Nikkei climbed 1.4% despite data showing the country’s recovery from its worst recession slowed in the fourth quarter
FIIs and DIIs net sold in cash markets Rs 37 crore and 597 crore respectively
SGXNifty indicate a gap up opening and likely to witness consolidate trade during the day
Today NF is facing a intraday resistance at 15185 and 15210
If crossover and manages above 15210, bulls action expecting up to 15260 and 15300
Today NF can be considered as supports as 15140, 15110 and 15070
Below 15070……….. more weakness up to 15k
More live market update will be sent to my clients only
Updated: 08.43 am / 15th Feb 2021
