Niftyfuture last close: 14287.25 (-1.2%)
NiftyFuture has slipped 2.4% in past two sessions
NF was opened at 14458 then slipped up to 14250. In last one and half hour NF dropped from 14410 to 14250
Do you know ? Yesterday I did mention weekly trend decider support at 14375.
NF broken 14375 and slipped more than 100 points from my support
Reliance surged and came nearby 2000 level while company will declare result on Friday
Hdfcbank did very well
Top two stocks performed well but index fell more than 175 points. Crazy market!!
US markets shut on yesterday
Asian markets edged higher on Tuesday
FIIS net bought 650 crore in cash segment while DIIs sold 42 crore
SGXNifty Indicate a positive opening for the index and likely to witness volatile trade during the day
On Friday NF has formed big bearish candle as well as yesterday too
Now, NiftyFuture is facing a intraday resistance 14350, 14380 and 14410
Once if breaks and holds above 14410………. Next resistance around 14460
Stay caution at higher levels!!
Today NF considering a supports 14250, 14220 and 14170
Don’t short at lower levels!!
More live market update will be sent to my clients only
Updated: 08.49 am / 19th Jan 2021
