26th Feb 2021 #NiftyFuture Intraday Levels and Pre-market report

NiftyFuture Feb last close: 15100.55

March last close: 15169.50

NiftyFuture March series closed with a premium of 72 points

On 25th Feb, NF was opened gap up at 15078 and went to 15180 then settled at 15100

Today, March series opening with huge gap down

Do you know ? On 2020 March new series also was opened gap down and closed more than 4%, Wait and see……. what will happened today ?

Yesterday, Reliance was given good support to Nifty and stock spiked 4%

US markets indices tumbled on Thursday and Nasdaq index declined 3.5% largest fall in four months

Dow Jones down 560 points or 1.75% and S&P500 fell 96 points to 2.45%

US VIX shot up more than 30%

India VIX maybe spike 15% to 25% and option premium will be increasing!!

Asian markets opened sharply lower on Friday

RailTel to list today which was subscribed 42.4 times. It was a complete offer for sale by the Govt and all money will go to the govt

FIIs net bought 188 crore in cash segment whereas DIIs sold 746 crore

SGXNifty indicating a gap down opening for the the index and likely to witness volatility will be continued during the day

Today NiftyFuture can be considered as supports as 14960, 14920 and 14850

If sustains below 14850 then will expecting further weakness up to 14775

On other hand, NF is facing intraday resistance 15000, 15030 and 15080

If there is any bounce can create short selling………Yesterday’s high is strong resistance for coming days!!

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Updated: 08.46 am / 26th Feb 2021