NiftyFuture last close: 13487.50
Bulls took control and pushing benchmark indices on Dec 22
Nifty50 reclaim 13400 while Sensex closed above 46000
NF was opened at 13340 and made a low of 13222 then went up to 13508
Do you know ? Yesterday I written in my blog pre-market report “NF support at 13220 and resistance 13510
NF came my support and bounced to my resistance level!!
I have sent selling NF at 13350 and booked profit at 13250. Booked 100 points profit
After the Europe market opened our market was surged almost 150 points
NF was seen huge volatile despite VIX down 3%
Big action was seen IT stocks especially Infy, Hcltech, TCS, Techm and Wipro
US markets ended lower on Tuesday as concerns over a new variant of the coronavirus
Dow Jones fell 200 points, S&P500 lost 8 points and Nasdaq gained 65 points
Asian market were set for choppy session on Wednesday
FIIS net bought 1153 crore value of shares whereas DIIs sold 661 crore
SGXNifty indicate a negative opening for the index and likely to witness volatile trade during the day
Today NiftyFuture is facing a intraday resistance at 13510 and 13565
Once if breaks and manages above 13565…….. Further rally will be expected up to 13630……… But stay caution at higher levels
Today NF considering a supports 13435 and 13400
If trade below 13400……….. Then will take next support around 13340 and 13275
More live market update will be sent to my clients only
Updated: 08.37 am / 23rd Dec 2020
