NiftyFuture last close: 14993.75 (+1.9%
What a day on Feb 24
Indian markets rocked sharp gains in the last hours of the trade once trading resumed after being halted due to technical snag in NSE on Feb 24
Normal session was up to 11.40 AM on yesterday then the technical glitch in NSE trading halted to 3.30 pm
Then extended trading timings 3.30 pm to 5 pm. The extended timings very boost for market sentiment
Taking note of the news that finance minister allowed the government business to transact with private banks. That news was more boost for private banks and finance stocks
When the news was out Banknifty surged more than 1000 points and Nifty moved 15000 mark
Finally Nifty jumped 274 points or 1.86% while Sensex closed more than 1000 points gain
Midcap and smallcap indices closed 0.75% and 1.10% higher
US markets ended higher level on Wednesday
Dow Jones climbed 424 points and Nasdaq gained 132 points
Asian markets were set to higher levels on Thursday
FIIs net bought 28739 crore in cash segment they bought block deal in Boschltd worth of Rs 30,000 crore hence, they net sold 1260 crore while DIIs bought 230 crore
SGXNifty indicate a positive opening for the index and likely to witness huge volatile will be expected during the day ahead of Feb expiry day
NiftyFuture again came at psychological levels 15000
Now, NiftyFuture is facing a intraday resistance 15030, 15075 and 15140
Above 15140……Finding a next resistance around 15200
NF considering a supports 14940, 14875 and 14820
Trade very carefully with strict stop-loss…….. If not maintain stop-loss better to avoid trading!!
More live market update will be sent to my clients only
Updated: 08.45 am / 25th Feb 2021
