NiftyFuture last close: 17617.80 (-1%)
On Friday, NiftyFuture was seen highly volatile
NF was opened 17670 then fell to 17502 finally ended at 17617
In last 30 minutes NF was bounced almost 100 points from day’s low
On last week Nifty50 was down almost 3.8%
Only Power index gained almost 2% and other all indices fell more than 2% to 6%
Midcap index fell 2.5%
VIX shot up to 19
Reliance announced the good earnings report on Friday post market hours
But, Reliance GDR down 0.6%
Icicibank announced the good earnings report on last Saturday
Oil prices climb 1% on fears of tighter supply
Japan Jan factory growth hits 4 year high
Today’s result stocks Axisbank, Hdfcamc, Srtransfin, Sbicard, IEX and DeepakNTR
FIIs net sold 3148 crore while DIIs net bought 269 crore
Bhel, Escorts, Ibullhsgfin, Idea and Nationalum are under F&O ban for Jan 24
US markets ended sharply lower on Friday
Dow fell 450 points, Nasdaq was down 385 points
Asian markets slipped on Monday
NiftyFuture Trend Decider For This Week 17400 and 18000
SGXNifty indicates a gap down opening for the index
Likely to witness highly volatile will be expected during the day
NiftyFuture is facing a intraday resistance 17620, 17660 and 17740
On other side, NF can be considered as supports as 17550 and 17500
Below 17500…..Will try to check 17375-17400 levels
More live market update will be sent to my clients only
Updated: 08.52 am / 24th Jan 2022
