NiftyFuture last close: 17384.95
NiftyFuture was ended flat with a positive bias on Sept 14
NF was opened 17410 and went to 17435 then slipped 17369.
Indian equity market opened higher in first half then weak global cues erased intraday gain
Sensex was up 70 points while Nifty50 was gained 25 points
Mid and Smallcap indices hit their fresh record highs in Intraday trade
ZEEL gained more than 40%
Reliance did not well on yesterday
Indusindbank and Kotakbank did very well and lift the bank index
Volatility index was sustained 13.40
FIIs net bought 1650 crore while DIIS net sold 310 crore in cash segment
8 stocks under F&O ban – Escorts, Canbank, Irctc, Exideind, Idea, Lichsgfin, Nationalum and Suntv
US consumer prices rise 0.3% in August lowest in seven months
US markets fell on Tuesday. Dow fell 292 points, and Nasdaq down 68 points
Asian markets were set to lower on Wednesday early trade
SGXNifty indicates a positive opening for the index and likely to witness range trade will be expected during the day
NiftyFuture formed a double top formation on Sept 14 around 17440-17450
On yesterday, NF did not sustained opening levels and seen selling pressure
Howeverv, NF is facing a intraday resistance 17400, 17420 and 17450
Above resistance are crucial for today’s trade……. Above 17450…… No problem!!
NF considering a supports 17365, 17345 and 17300
Updated: 08.48 am / 15th Sept 2021