NiftyFuture Jan last close: 17097.35 (-1.1%)
Feb last close: 17149.55 (-0.99%)
What a Terrific Thursday & What a volatile
NiftyFuture was gap down at 17000 then slipped up to 16879 thereafter surged to 17215
NF was moved almost 400-500 points in intraday trades
Midcap and Smallcap index gained 0.5% to 1%
IT index declined 3%
Auto and Bank index shot up 0.75% to 1.25%
PSUBank index surged more than 5%
SBIN and Canbank did very well
AirIndia offcially returns to Tata Sons after 69 years
Today’s result stocks LT, Drreddy, Kotakbank, Britannia, Vedl, Aubank,Marico, and Dixon
VIX sustained around 20.50-21
FIIs net sold 6266 crore while DIIs net bought 2881 crore
US economy grew 5.7% in 2021 in rebound from 2020 recession
Oil dips from 7 year’s high and settled at $87
US markets fell on Thursday
Dow and S&P500 ended flat and Nasdaq fell 189 points
Asian markets traded higher on Friday
SGXNifty indicates a flat opening for the index
Likely to witness highly volatile will be expected during the day
NiftyFuture was formed Doji Kind of pattern and bounced previous day’s low
However, NiftyFuture is facing a intraday resistance 17200 and 17270-17330
Above 17330, Then expecting bulls action
On flip side, NF considering a supports 17100, 17040 and 17000
Below 17000 will try to check 16930-16870
More live market update will be sent to my clients only
Updated: 08.39 am / 28th Jan 2022
