NiftyFuture last close: 14714.95
On Friday, NiftyFuture was opened 14710 and made a low of 14620 then spiked up to 14755. Finally closed at 14715
On Friday SGXNifty went to 150 points rally but now indicates almost 50 points up
Positive news is, Virus cases below 3 lakh on yesterday, Many states purchase vaccine directly to manufacturer
Virus cases declined in north India but shot up in south India
However, I expect the virus case to decrease in the coming days ahead of full lock-down
Few days back, Global cues was good while local cues was bad
But now, Global cues is bad while local cues is good
US markets closed higher on Friday. Dow Jones rose 360 points and Nasdaq added 305
Asian markets were set to edged caution higher trade on Monday
China industrial output rises 9.8% YoY and retail sales up 17.7% YoY
Today focus on Bhartiartl, Fedbank, Colpal and Sunpharma advance
FIIs net sold 2607 crore in cash segment while DIIs net bought 613 crore in cash segment
Six stocks under F&O ban in NSE. Bhel, Cadilahc, Pnb, Canbank, Sail and Suntv
SGXNifty indicate a positive opening for the index and likely witness range during the day
NiftyFuture weekly trend decider 15025 and 14450
Today NiftyFuture is facing a intraday resistance 14755 and 14790
If crossover 14790 then will try to move 14850. Stay caution at higher levels!!
Today NF considering a supports 14690, 14665 and 14620
Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.43 am / 17th May 2021
