NiftyFuture May series last close: 15343.55 (+0.2%)
June series last close: 15387.15 (+0.3%)
Indian markets ended record closing high on 27th May 2021
On Thursday, NiftyFuture was seen slightly volatile and ended above 15300 on May expiry day
Sensex rose 97 points to 51115 while Nifty 50 ended gains of 36 points to 15337
Action was seen IT, auto, banking stocks while profit booking visible metal stocks
VIX sustained and ended around 20.50
Banknifty, Midcap and Small-cap was seen out-perform on 27th May
Today following company will be declaring earnings report M&M, Glenmark, Indianbank, Recltd, Maxhealth and Ujjivan
FIIs net sold 660 crore while DIIs net bought 112 crore in cash segment
US markets ended higher on Thursday
Dow Jones rose 140 points and other indices ended at flat
Asian markets were set to higher opening on Friday
SGXNifty indicate positive opening for the index and likely to test all time high at opening bell
Niftyfuture formed a small bodied bullish candle on the daily scale with forming higher highs- higher lows of the last four sessions which was indicated bullish mode and buy at dip
NiftyFuture is facing a intraday resistance 15400-15440. If stays above 15440 expecting further rally up to 15500
NF considering a supports 15370, 15330 and 15275
If there is any declines can buy & Don’t think to short at lower levels!!
More live market update will be sent to my clients only
Updated: 08.48 am / 28th May 2021
