NiftyFuture last close: 12934.35
NiftyFuture was seen huge volatility on November 23
Index opened at 12935 then slipped up to 12825 again bounce-back to 12978
Index bounced back to hit a fresh record high and Sensex reclaimed 44000 scale
However Nifty and Sensex closed at higher levels 65 points and 195 points respectively
Sector wise action was seen IT, Oil & Gas, Pharma and Financial stocks
While selling pressure was seen in Banks and consumer durables
Reliance backed and shown strength on yesterday stock gained 3%
HDFC slipped more than 3% and major fall in recent days
VIX index climbed 6% at 20.80
Option premium did not fall on yesterday at high VIX
US markets closed higher in a choppy session on Monday
Dow Jones rose 1.1%, S&P500 gained 0.55% and Nasdaq added 0.2%
Asian markets opened higher on Tuesday
But, SGXNifty trading almost flat note
FIIs shown further strength on yesterday they bought 4738 crore while DIIs sold 2944 crore
In NSE 6 stocks under ban period, Adanient, BOB, Fedbank, Ibullhsgfin, Nalco and Sail
SGXNifty indicate a flattish opening for the index and likely to witness volatile trade will be expected during the day
NiftyFuture struggled to cross 13000 scale in last 5 sessions…… Is today will cross ?
Today NF is facing a intraday resistance 12965 and 12985
If manages above 12985………. Will cross 13000 and will take next resistance 13030
Today NF considering a support 12920 and 12885…….. Thereafter 12830
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Updated : 08.46 am / 24th Nov 2020
