NiftyFuture last close: 15202
NiftyFuture was seen consolidated and managed to ended in the green
NF was opened 15230 and dropped to 15150 again shot up to 15250 finally closed at 15190
In last 30 minutes witnessed profit taking at higher levels on May 24, 2021
Sensex ended 111 points higher at 50650
Selling visible in FMCG and Metals stocks while buying action seen public sector and power stocks
VIX index sustained 19 level and almost lowest level in 2021
Option premium was very low
As per OI side, 15000PE and 15500CE was seen huge OI
Nifty will take a strong support around 15000
Oil jumps more than 3% on Monday. Brent crude settled up $2 at 68.50
Singapore’s economy grows as its fastest pace in more than a year
FIIs net bought 585 crore in cash segment whereas DIIS sold 707 crore
US markets ended higher on Monday
Dow Jones rose 178 points and Nasdaq added 185 points
Asian markets were set to higher on Tuesday’s opening
SGXNifty indicate a gap up opening for the index and likely to move upside from support during the day
Just 3 days left May expiry……. Is Nifty will hit life time high in these days ?
NiftyFuture is facing a intraday resistance 15250, 15285 and 15330
Thereafter expecting more short covering up to 15400
NF can be considered as supports as 15180, 15150 and 15100
If there is any declines can buy
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Updated: 08.33 am / 25th May 2021