NiftyFuture last close: 13763.75 (+1.1%)
The market closed flat for the week ended December 24. On 18th Dec Nifty was closed at 13760 and 24th Dec Nifty closed at 13749.25. Almost 10 points declined.
On Monday 21st Dec deep fall was seen which was biggest single day fall since May 2020. Nifty has declined 410 points or 3.1%
But, the entire loss was recovered by the rally in three consecutive sessions
The novel strain coronavirus found in other parts of UK like France, Australia, Germany and Belgium
But, Global market’s rally like Santa rally will be continues on 28th Dec
President Trump signed a bill containing $900 billion in pandemic relief
Dow Future gaining almost 150 points on 28th Dec
Asian markets were set to higher levels after released pandamic bill
RBI says…….. Indian economy recovering very fast and turn to positive in Q3
FIIs net bought 1225 crore worth of stocks while DIIs sold 1897 crore
SGXNifty indicate a positive opening for the index and likely to witness up trend will be expected during the day
Today NiftyFuture is facing a intraday resistance at 13800 which was previous week high
If breaks and sustains above the level…………Rally will be continued up to 13840 and 13880+
NF can be considered as supports as 13750 and 13725
Don’t think short at lower levels!!
More live market update will be sent to my clients only
Updated: 08.45 am / 28th Dec 2020
