NiftyFuture Intraday Levels 15743.80
NiftyFuture was rallied after gap down opening 15509 to 15760 on 21 June
On last two sessions market was highly volatile despite low VIX
Banking stocks helped to lift the index
Action was seen PSU Banks, Finance, FMCG and realty stocks
VIX sustained around 15 and premium is very low
FIIs net sold 1244 crore while DIIs bought 138 crore in cash segment
Two stocks under F&O ban Idea and Suntv
US market rallied on Monday & strongest session in over three months
Dow Jones rose 1.75%, S&P 500 gained 1.4% and Nasdaq climbed 0.8%
Asian markets were set to open higher on Tuesday
SGXNifty indicate a positive opening for the index and likely to witness volatile will be continue
NiftyFuture has formed strong bullish candle on yesterday’s rally
As per Open Interest 16000CE and 15500PE was seen highest OI
However, NF is facing a intraday resistance 15780 which was last three days top
If crossover the level, will try to move 15825 and 15860-15900
On other side, NF can be considered as supports as 15720, 15690 and 15640
If there is any declines can buy!!
Updated: 08.48 am / 22nd June 2021
