NiftyFuture last close: 18124.35 (-1.2%)
On Tuesday, NiftyFuture was seen huge volatilie due to weak global cues
NF was opened 18350 then fell to 18200 again bounced to 18330
Afternoon NiftyFuture was slipped from 18330 to 18100. Finally Nifty was down 1.2%
The net change was Sensex plunged 555 points and Nifty50 was down 195 points
The Asian markets, Europe markets and US future was down more than 1% on yesterday noon
All front line stocks was seen selling pressure
Midcap and smallcap index fell 2% to 2.5%
Bank index fell more than 800 points from days’ high
Volatility index spiked 5%
Brent crude hits 7 year highs as tight supply bites
The crude rose 1% to settle at $87.50 a barrel
The US 10 year bond yield rose to 1.87%
Today’s result stocks Bajajauto, LTI, Jswenergy, Ceat, Mastek and Tatacomm
Gold prices were flat on Wednesday
FIIs net sold 1255 crore while DIIs sold 220 crore
Bhel, Escorts, Granules, Ibullhsgfin, Idea and Sail are under F&O ban
US markets ended deep lower on Tuesday
Dow fell 543 points, S&P500 lost 85 points and Nasdaq fell 387 points
GoldmanSach fell more than 7% after weak earnings reports
Asian markets were set to lower opening for Wednesday
Japan’s Nikkei fell 1.5%
Sony, Toyota and other heavyweight stocks falling more than 2% on Wednesday
NiftyFuture was formed big bearish candle on Tuesday
As per open interest, CE side added more OI and PE side not seems significant OI
NiftyFuture is facing a intraday resistance 18170, 18200 and 18250
Stay caution at higher levels!!
On other side, NF can be considered as supports as 18100, 18050 and 18000
Below 18000…….. Expecting more pain
Updated: 08.47 am / 19th Jan 2022
