NiftyFuture last close: 14296.20
On Tuesday, NiftyFuture was opened gap up but bears have dominated and erased all gains in the last 2 hour of trade and finally settled at half percent loss on April 20
NF was opened 14502 and went to 14532 thereafter slipped up to 14225 and finally settled at 14296
The Sensex was down 243 points to close at 47705 while the Nifty50 fell 63 points to close 14296.40
I have recommended two PE option and both achieved given targets and money doubled
Yesterday morning SGXNifty was touched almost 14000 scale and now trading at 14200
Traders remained cautions about growth amid consistent increasing virus cases
Maha Govt announced tight curfew on yesterday
Option premium was closed at higher levels despite of flat VIX
Huge CE writing was seen 14500CE which was added 4.81 lakh contract
Day before yesterday US market closed at more than 1.5% fall and yesterday US markets recovered previous day’s loss
US Dow added 0.93% and Nasdaq gained 1.19%
Asian markets rose in Thursday’s morning trade
FIIs sold 1082 crore while DII bought 1323 crore value of stocks
NiftyFuture has formed a hammer candle pattern on the daily scale and Index formed lower top and lower bottom in the last 6 sessions
SGXNifty indicate a negative opening for the index and likely to witness huge volatile will be expected during the day
Today NiftyFuture can be considering a supports 14210, 14170 and 14120
If breaks and holds below 14120………. Will try to check 14050-14000
NF is facing a intraday resistance 14240, 14280 and 14320
More live market update will be sent to my clients only
Updated: 08.47 am / 22nd April 2021
