NiftyFuture last close: 17194.05 (-0.3%)
On Friday, NiftyFuture was seen range with volatility
NF was opened 17260 then fell to 17150 then shot up to 17250 then fell to 17100
Finally the NF was ended at 17194 down 0.3%
The final tally, The Sensex fell 233 points and Nifty50 declined 70 points
Nifty was consolidated around 17050 to 17450 on last week 5 sessions
Two time Nifty was bounced from 200 DMA around 17030
Volatility index shed around 7% on last week and ended 23 around
Oil slumps as Shanghai lockdown raises fears over drop in demand
Brent slide as low as $116 a barrel
PVR and Inox leisure to consolidate via mega merger
Inox market cap around Rs 5700 crore and PVR market cap is at Rs 11100 crore
FIIs net sold 1507 crore while DIIs net bought 1373 crore on Friday
Five stocks are under F&O ban like Ibullhsgfin, Idea, L&TFin, Sail and Suntv
This week NiftyFuture trend decider 17000 & 17450
Today NiftyFuture is facing intraday resistance 17220 and 17255
If stays above 17255 then will try to move 17300-17330
On other side, NF can be considered as supports as 17165, 17130 and 17085
Below 17085…… finding a next support around 17000-17035
Updated: 08.43 am / 28th March 2022
