NiftyFuture last close: 16656.05 (+2.4%)
On Friday, NiftyFuture was gained more than 2%
But overall last week Nifty50 declined around 3.5%
All indices was lost more than 3% to 7% on last week
FIIS unload around Rs 41000 crore on last week
Volatility index spiked almost 20% and settled around 25
On Friday, FIIs sold 4470 crore while DIIs net bought 4318 crore
Today GDP data will be released around 5.30 pm
Cabinet approves up to 20% FDI in LIC under automatic route
Brent oil rises 4% to $103 bbl
On Friday, US markets ended more than 2% gain
But, Now US Future down more than 1.5%
Asian markets were set to negative trade on Monday’s early trade
Russian media reports Moscow is working on a plan to evacuate Russian nationals from Europe amid countries closing their airspace
The Washington Post reports a US official saying Belarus is set to join Russia’s invasion by sending troops
Russia’s ruble falls to 117 per US Dollar, a decline of 41%
Ukraine’s president told UK’s PM Johnson that next 24 hours will be crucial for his country
US & France calls on its nationals to leave Russia immediately
This week trend decider 16200 and 17000
On Friday, SGXNifty was ended more than 300 points gain but now SGXNifty indicating flat opening
However, NiftyFuture is facing a intraday resistance 16720 and 16800
If stays above 16800 then will try to check 16925
Stay caution at higher levels!!
On other side, NF can be considered as supports as 16600, 16540 and 16470
Below 16470 will try to check 16370 and 16200
Updated: 08.41 am / 28th Feb 2022
