NiftyFuture last close: 10628.25
What a terrible day!! NiftyFuture has started a strong note to rose more than 200 points
Before Reliance AGM NF was sustained around 10800
Market was crashed after Mukesh bhai opening speech.
Do you know……..? Within 2 hours Reliance market-cap lost 75000 crore.
NF was opened at 10682 with 130 points gap-up then gradually went up to 10823 and sustained almost 1-2 hrs around 10800 then fell vertically up to 10591.
Do you know? Yesterday in my pre-market report I did mention NF final resistance at 10820. Yesterday NF high was 10823.
I have recommend selling alert NF at 10800 and my target 10700 achieved.
Huge profit booking was seen in Reliance. Huge buying was seen in Wipro and other IT stocks
Infy announced a good result profit at Rs 4233 crore and above expectation
VIX index fell by 1.31% to 26.29 levels
US markets ended at higher levels on Wednesday and hoping for Covid-19 Vaccine
Dow Jones ended at 0.85%, S&P500 gained 0.90% and Nasdaq climbed 0.60%
Followed by Asian markets are higher levels Nikkei add 0.10% and Hang Seng rose 0.25%
India’s exports declined by 12.41% to $21.91 billion in June
FIIs sold 221 crore worth of stocks in cash segment whereas DIIs sold 899 crore
Today’s NiftyFuture supports and resistance levels
Entry and exit will be sent to my clients only during market hours!!
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Noon update will be post around 12.30 pm………. stay with us!!
Updated: 08.51 am / 16th July 2020
