NiftyFuture last close:17559.30
Indian equity market made a smart recover on Sept 21 after two days of selling
NF was opened 17378 and made a low of 17335 then strong bounce-back up to 17570
Finally NF was ended nearby intraday’s high
Global market was supported to lift the index
Sensex was up 514 points while Nifty50 was gained 165 points
Metal stocks rebound as well as bank stocks
Auto stocks was seen selling pressure
IT index seen smart recovery on Sept 21
Volatility index down 7%
FIIs net bought 1041 crore while DIIs net bought 2167 crore on Sept 21
Puranik Builders drafts papers SEBI to raise funds via IPO
Five stocks under F&O ban on NSE, Ibullhsgfin, Idea, Irctc, PNB and Suntv
On global side, Oil prices rose 1% on Wednesday. Crude settled at $71.24
US markets ended near flat note on Tuesday
SGXNifty indicates a flat opening for the index and likely to witness volatility will be expected during the day
Market was seen range around 17300-17800 with volatility
Either side if breaks expecting further move.
NiftyFuture is facing a intraday resistance 17600, 17635 and 17685
Stay caution at higher levels!!
NF can be considered as supports as 17510, 17475 and 17425
Below 17425, will try to check 17375
Yesterday’s low 17335 is the crucial support!!
More live market update will be sent to my clients only
Updated: 08.58 am / 22nd Sept 2021
