NiftyFuture last close: 13890.55 (+0.90%)
Market closes at fresh record highs with Nifty above 13850 and Sensex above 47300
NF opened at 13845 and made a low of 13802 then went to 13903 and finally closed nearby day’s high
I have recommended buying alert NF around 13835 and achieved given targets 13890
Same time recommended Nifty 13800CE also at 125
Hdfc twins and PSU Banks helped to lift the index
Nifty metals index and PSU Bank rose more than 2% and Banknifty gained 1% while selling pressure visible in pharma stocks
Insurance company were among major gainers Hdfclife, and Sbilife
Reliance is struggling around 1950-2035…. If closes above 2040 maybe rally will be start
US markets ended higher on Monday and Wall street main index closing at record high
Dow Jones rose 205 points, S&P500 gained 33 points and Nasdaq added 95 points
Asian markets were set to higher on Tuesday
As usual FIIs bought 1588 crore value of cash segment
As usual DIIs sold 1386 crore value of cash segment…….. they sold since 10800
SGXNifty indicate a positive opening for the index
NiftyFuture has formed a bullish candle on Monday and Bulls continues to show their powers
Today NiftyFuture is facing a intraday resistance at 13920 and 13945
If crossover and manages above 13945………..Then will try to check 13985 thereafter index will break 14000…………..
NF can be considered as supports as 13870, 13850 and 13820
If there is any declines can buy!!
More live market update will be sent to my clients only
Updated: 08.48 am / 29th Dec 2020
