NiftyFuture June last close: 15791
July last close: 15832.45
The Indian equity market bounced back and gained more than 100 points
NF was opened 15720 and gradually went to 15820 then ended at 15790
I did mentioned in my blog at 12 pm, Nifty highest OI was seen at 15800 so facing a strong resistance at 15800
NF was not sustained above 15800 and 15800CE went to zero
The final tally was Sensex rallied 392 points and Nifty50 gained 103 points
Buying was seen IT, banks, metals and capital goods while selling pressure was visible energy and oil&gas
Infy and TCS did very well to lift the index
Reliance was dragged
FIIs net sold 2890 crore while DIIs net bought 1138 crore
On global side, US markets ended higher on Thursday
Dow was up 1%, S&P500 gained 0.66% and Nasdaq gained 0.72%
Accenture declared very good earnings report. Boost for IT stocks
SGXNifty indicate a positive opening for the index and likely to witness caution trade during the day
Nifty July Future ended with premium of almost 40 points
Today NF is facing a intraday resistance 15860 and 15900
If stays above 15900, will try to move 15940-15960
In last 3-4 times NF was hammered around 15900……. stay caution!!
Today NF can be considered as supports as 15810, 15775 and 15740
More live marker update will be sent to my clients only
Updated: 08.46 am / 25th June 2021
