NiftyFuture last close : 14756.45 (+1.2%)
Bears took control on last week & Market remained under selling pressure thoughout the week ended March 19
The Sensex fell 933 points or 1.84% to 49859 and the Nifty50 declined 287 points or 1.9% to settled at 14744 levels
Small-cap index fell 3.5%, Large-cap index dropped 2% , Realty index fell 5.75% while Mid-cap index declines 2.6% week ended March 19
On concerns over rising the inflation and bond yields on last week
US markets closed with mixed trend on March 19
Dow Jones fell 234 points and Nasdaq added 99 points
Asian markets were set to mixed opening on Monday
FPI have invested a net sum of Rs 8642 crore in Indian markets so far in March
Oil falls as European lockdowns douse recovery hopes
Brent crude at $63.93 a barrel
During the week FIIs bought Rs 5893 crore in equities while DIIs sold Rs 3037 crore
Idea and Sail stocks under f&o ban on NSE.
SGXNifty indicate a flat opening for the index and likely to witness highly volatile will be continued during the day due March month expiry week
NiftyFuture weekly trend decider for March 4 week of 15080 and 14480
On Friday, NF was broken March month low and made a low was 14371 which was indicated Budget day closing rate around, but unable to sustained below the level and bulls took control NF went to more than 250 points
Today, NiftyFuture is facing a intraday resistance 14800, 14840 and 14885-14900
Stay caution at higher levels, Avoid fresh buy at higher levels!!
Today NF can be considered as supports as 14710, 14675 and 14640-14600
Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.47 am / 22nd March 2021
