NiftyFuture last close: 17103.40 (+0.6)
On Monday, NiftyFuture was seen volatile with range on noon session
But, On morning, NF was opened 16950 then made a low of 16842 then bounced to 17129
NF was moved more than 300 points from day’s low
Sensex rallied 296 points while Nifty50 rallied 82 points
Pharma, IT and Banking stocks was suppored to lift the index
Reliance ended almost flat and Hdfcbank also sustained
Volatility index spiked 5% and settled around 17
Crude oil nears one month high on easing Omicron worries and settled %78.67
Japan jobless rate rises to 2.8% in Nov
FIIs net sold 1038 crore while DIIs net bought 955 crore
Four stocks under F&O ban like Escorts, Ibullhsgfin, Idea and Rblbank
US markets starts the week higher and S&P500 hitting record highs
S&P500 was up 1.4%, Dow gained 1% and Nasdaq added 1.4%
Europe markets ended minor gains on Monday
Asian markets higher in early trade
Hangseng up 0.2% and Nikkei up 1%
SGXNifty indicates a gap up opening for the index
Likely to witness highly volatile will be expected with up trend
Highest Open interest added on PE side especially on 17000PE
However, NF is facing a intraday resistance 17130 and 17160 which was last week high
If breaks and sustains above 17160, rally will be expected 17220 and 17275
On other side, NF considering a supports as 17050 and 17000
Below 17000, will try to check 16960
More live market update will be sent to my clients only
Updated: 08.34 am / 28th Dec 2021
