NiftyFuture last close: 15692.15 (-0.6%)
The Indian Equity market was seen huge volatile after FED announcement
US Fed signaled to raise rates before 2023
NF was opened 15670 then fell up to 15626 thereafter shot up to 15777 again fell to 15677
Huge volatility seen in last 2 hours
Nifty50 ended in the red for the second consecutive day while the Sensex was down 178 points
Sector wise buying was seen in IT as well as FMCG stocks while selling pressure was visible in power, banks and metals
VIX was sustained around 15-16 range
IT stock did very well and lift the index
Brent crude fell 1.8% to settle at $73.08 a barrel
FIIs sold 879 crore worth of stocks in cash segment while DIIs bought 45 crore
Five stocks under F&O ban, Adaniports, Bhel, Canbank, Escorts and Pnb
US technology stocks jumped on Thursday
Dow was down 210 points, S&P500 was up 2 points and Nasdaq gained 153 points
Asian markets were set to mixed trend on Friday’s opening
SGXNifty indicate a positive opening for the index and expecting consolidation trade during the day
NiftyFuture was formed a bearish candle on the daily chart. However NF has got a good support around 15600 in last 10 days.
Today NF is facing a intraday resistance 15730 and 15780
If stays above 15780……… Will try to move 15830+
NF is considered as supports as 15650, 15625 and 15590
More live market update will be sent to my clients only
Updated: 08.40 am / 18th June 2021
