NiftyFuture last close: 17003.80 (-0.4%)
On Friday, NiftyFuture was seen highly volatile with range
NF was opened 17150 then fell to 16920 again bounced to 17100 then slipped to 17000
Do you know ? NF was moved more than 500 points on Friday despite of most global market was shut
NF was seen low volume with volatile on Friday
On last week Nifty gained 18 points while Sensex was up 113 points
Midcap index fell 1% and smallcap index ended flat note
IT, Pharma and FMCG was support to Nifty on last week
VIX surged 3%
Omicron cases are surged more than 400 in India
FIIs net sold 6590 crore on last week and net sold 33275 crore Dec so far
DIIs net bought 6950 crore on last week and net bought 26950 crore Dec so far
Escorts, Ibsullhsgfin and Idea are F&O ban on 27th Dec
Asian shares were mixed on Monday morning
This week NiftyFuture Trend Decider 16700 and 17200
SGXNifty indicates a negative opening for the index and likely to witness highly volatile will be expected during the day
NiftyFuture is facing a intraday resistance 17050, 17090 and 17150
Above 2nd and 3rd resistance are crucial for today’s trade
On other side, NF can be considered as supports as 16950, 16910 and 16870
Below 16870…….expecting more weakness
Updated: 08.42 am / 27th Dec 2021
