NiftyFuture last close: 18336.60 (+0.2%)
On Monday, NiftyFuture was opened 18250 and slowely shot up to 18350
Finally ended at 18336.60
The finaly tally was Sensex was up 83 points while Nifty50 was up 52 points
The first one hour was seen highly volatile and rest of hours seen range
Except pharma and bank index other indices ended in the green
Hdfcbank and Hcltech fell 1.5% and 6% respectively
Reliance was consolidated
Banking stocks was seen selling pressure
Cememt stocks rallied after good earnings report on Ultracemco
Volatility index sustained around 16.5
Today’s result stocks Bajajfinance, Tataelxsi, Icicipruli, and LTTS
FIIs net sold 855 crore while DIIs net sold 115 crore
Europe markets ended marginal gain on 17 Jan
US markets was shut on 17 Jan
NiftyFuture is facing a intraday resistance at 18350
Once if breaks and holds above the level will try to move 18400+
On other side, NF can be considered as supports as 18300, 18270 and 18230
Below 18230…… Finding a next support around 18170
More live market update will be sent to my clients only
Updated: 06.11 am / 18th Jan 2022
