NiftyFuture last close: 15059.45 (-0.6%)
NiftyFuture was opened 70 points gap down but recovered to previous day’s close 15150 then slipped to 15035. Finally closed at 15049.85 on 19 May 2021
After two days bears controlled of Dalal street and Sensex fell 290 points while Nifty50 down 75 points
Mid-cap and Small-cap index was seen marginally higher
Volatility index continue to close below 20
Auto stocks was seen buying action while selling pressure seen in banking
Centre hikes fertilizer subsidy for FY22 by Rs 14755 crore
DAP bag price now 1200 for farmers vs 2400 earlier
Positive for GNFC, DEEPAK FERTLISER, DHANUKA AGRITECH, COROMANDEL INTERNATIONAL, UPL, and EXCEL INDS
Today following company will be declaring earnings report Havells, Zeel, Boschltd, Hpcl, Torrntpower, and JKLakshimi
Three stocks under F&O ban. Cadilahc, Nalco and Sail
FIIs net sold 697 crore and DIIs also sold 852 crore in cash segment
US markets ended lower on Wednesday. Dow Jones fell 165 points and Nasdaq at flat
Asian markets were set to opened mixed trend on Thursday
SGXNifty indicate a indicate flattish opening for the index
Niftyfuture formed a bearish candle on a daily scale and also formed higher highs-higher lows formation of the last two sessions
However, NF finding a supports 15025, 14990 and 14950.
If there is any declines can buy with a stop of 14950 and expecting rally 15200+ for positional not for intraday!!
NF is facing a intraday resistance 15085, 15125 and 15160
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Updated: 08.47 am / 20th May 2021
