NiftyFuture last close: 16800.95 (+1%)
On Tuesday, NiftyFuture was opened 16750 went to 16850 then fell to 16760 within 20 minutes
After 9.40 am NF gradually shot up to 16955 then slipped to 16710. Finally ended at 16800
Heavy volatile was seen on yesterday
Everyday NF was seen swing almost 250-400 points
Even Bank index fell more than 500 points from day’s high
IT, Metal, Realty and Pharma index gained 1% to 2.50%
PSU Bank index ended flat
Private bank index ended 0.5% gain
Volatility index slipped 7%
Metro Brands to debut today which was subscribed 3.65 times during Dec 10-14
Yesbank board approves Rs 10000 crore fundraishing plan
FIIs net sold 1209 crore while DIIs net bought 1404 crore on 21st Dec
Escorts, Ibullhsgfin and Zeel are under F&O ban on 22nd Dec
US markets ended higher on 21st Dec
Dow rose 560 points, S&P500 gained 81 points and Nasdaq added 360 points
Asian markets were set to marginal gains on Wednesday
SGXNifty indicates a positive opening for the index
Likely to witness highly volatile will be expected during the day
NiftyFuture is facing a intraday resistance 16850, 16900 then 16950
Every resistance levels are crucial for today’s trade
On other side, NF can be considered as supports as 16740 and 16700
Below 16700, expecting more weakness
Updated: 08.46 am / 22nd Dec 2021
