NiftyFuture Nov last close: 18460.20 (+0.9%)
Dec last close: 18626.15 (+1.2%)
The Indian equity market posted strong gains on November 24
Sensex hitting an all-time high of 62,412.33
The market extended the winning streak for the third consecutive session
Which was helped positive global cues and buying across the sectors
Nifty50 too hit a fresh 52-week high
While the Bank Nifty soared to a fresh record peak during the trade
Sensex was up 762.10 points or 1.24% at 62,272.68
Nifty was up 216.80 points or 1.19% at 18,484.10
In the last 30 minuted Nifty was shot up to 100 points gain
All the other sectoral indices ended in the green
Nifty auto, energy, and FMCG indices were up 0.5 percent each
Midcap index rose 0.5 percent and smallcap index was up 0.4 percent
US markets was shut on 24 Nov
US future indicate continued gains
European markets end higher on Thursday
Brent crude at $85/bbl
Asian markets lower in early trade
Hangseng down 0.7% and Japan’s Nikkei down 0.3%
SGXNifty indicates a flat opening for the Indian market
Nifty Dec series was ended with a premium of around 175 points
Which was indicated Bullish Market
However, NiftyFuture is facing a intraday resistance 18650, 18675 and 18725
On other side, NF can be considered as supports as 18600, 18575 and 18520
Avoid short at lower levels!!
Updated: 08.49 am / 25th Nov 2022
