NiftyFuture last close: 14644.70 (+1.1)
The Indian equities closed in green with gained over 1% for the second day in a row on April 27
NF was opened 14500 and gradually went to 14658.75 then closed almost day’s high
The Sensex gained 557 points to close at 48944 while Nifty50 rose 168 points to 14653
Sector wise action was seen capital goods, banks, and Metals
Reliance spiked more than 2% and given more power to index
Hdfcbank, Icicibank, Indusindbank and Axisbank did well
VIX slipped 2.5% and melting option premium but if volatile happen will be rise
After market hours Bajfinance, Axisbank and Tvsmotor announced their earnings report and was seen better than expected
Today Bajfinsv, Biocon, Tatacom and Kpit will declare their results
FIIs net sold 1454 crore in cash segment while DIIs net bought 1463 crore
In last few days DIIs bought equaled what FIIs sold, Suppose if FIIs turn to buy ? Nifty will move 15k above
Suntv out of f&o ban in NSE and Sail continued to ban period
InfoEdge (Naukri) to sell Zomato shares worth Rs 750 crore in IPO
US markets ended almost flat on 27th April
SGXNifty indicate a positive opening for the index and likely to witness high volatile will be expected due to one day before expiry day
NiftyFuture formed bullish candle on daily scale and forming higher highs which was indicating bullish
Today NF is facing a intraday resistance 14675 and 14705. If breaks and stays above 14705………. Try to move 14750 and 14790
Today NF can be considered as supports as 14610, 14590 and 14540
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Updated: 08.40 am / 28th April 2021
