NiftyFuture last close: 15116.10 (-0.6%)
NiftyFuture fell consecutive third sessions in a row on Feb 18
NF was opened 15221 and made a high of 15255 then slipped up to 15065 finally closed at 15120
Sensex fell 380 points to 51324 while Nifty50 closed 90 points lower at 15118
NF has formed a lower lows on consecutive third day
Action was seen oil & gas, public sector, power and metal while profit booking was seen auto, banks, finance and telecom
Hdfc twins major dragger in index
BOB surged more than 13% while PNB spiked 5% above
VIX index sustained around 21.50
US markets closed lower on Thursday while an unexpected rise weekly US jobless claims
Dow Jones fell 120, S&P500 lost 17 points, and Nasdaq declined 100 points
Asian markets were set to lower on Friday
FIIs net bought 903 crore in cash segment while DIIs sold 1218 crore
SGXNifty indicate a negative opening for the index and likely to witness some profit booking expected at higher levels during the day
NiftyFuture formed a bearish candle on consecutive third day in a row and made a lower lows which was indicated sell on rise mode
Today NiftyFuture considering a supports 15060, 15035 and 14980
NF can be considering a strong support zone around 14980-15000
If close below 14980………. expecting deep profit booking!! (Note it)
NF is facing a intraday resistance 15130, 15150 and 15200. If rise can sell
More live market update will be sent to my clients only
Updated: 08.48 am / 19th Feb 2021
