NiftyFuture last close: 17410.15 (+1.4%)
On Thursday, NiftyFuture was opened gap up and managed well opening gain
NF was opened 17250 and went to 17439. Finally ended at 17410.15
The final tally was Sensex jumped 900 points while Nifty50 gained 256 points
All index ended 0.5% to 3% gain
Auto index did very well and gained 3%
Bank index surged 1.5%
Hdfc twins did very well and life the index
VIX fell 5% and settled around 17.75
FED’s Powell says half point in view and completes hawkish pivot
With inflation running roughly three times and Fed’s target is 2%
Oil edges higher on concerns over Russia and Libya supply disruption
US weekly jobless claims fall and unemployment rolls smallest in 52 years
Icicibank going to declare earnings report on April 23
FIIs net sold 713 crore while DIIs net bought 2823 crore
US markets ended lower on Thursday after FED’s chairman speech
Dow Jones ended down 1.05% while Nasdaq down 2.07%
Asian markets fell in Friday morning trade
SGXNifty followed by global cues and indicates a gap down opening for the index
Likley to witness volatile will be expected during the day
NF is facing a intraday resistance 17400 and 17450 thereafter 17520
(Maybe rest of April expiry days NF major resistance around 17500 and support 17000)
On other side, NF can be considered as supports as 17350, 17310 and 17220
Below 17220 will try to check 17140
Updated: 08.48 am / 22nd April 2022
