NiftyFuture last close: 13062.45 (+1%)
Nifty has broken 13000 scale on Nov 24 as investor sentiment got a boost due to positive reports Covid-19 vaccine
NiftyFuture was opened at 12977 and gradually went up to 13081
I have sent buying alert NF at 13000 and booked intraday profit at 13060
Do you know ? Nifty gained more than 74% in the last eight months
In the last two weeks three company have shown a lot of promise in the vaccine
Pfizer, Moderna and AstraZeneca assured more than 90% positive effect
Action was seen banks, healthcare and financial stocks
Sputnik’s efficacy at 95% to be cheaper than US vaccines….. Focus on Drreddy
Reliance and Hdfcbank did well on yesterday
US markets closed at higher level on Tuesday
Dow Jones rose 455 points and Nasdaq gained 156 points
Asian markets were set to higher levels on Wednesday morning
FIIs pumped another 4563 crore in cash segment while DIIs sold 2522 crore as usual
SGXNifty indicate a positive opening for the index and likely to witness volatile trade will be expected during the day
Everyday FIIs pumping the money in Indian market…….. Once they will turn to selling that time we will see sharp correction…….. But not now……. Maybe on 1st week of Dec
Let’s see today’s levels
Today NiftyFuture is facing a intraday resistance 13095 and 13130
If breaks and holds above the level…………. expecting short covering up to 13185 and 13220
NF will act supports as 13050, 13025 and 12980
More live market update will be sent to my clients only
Updated: 08.52 am / 25th Nov 2020
