NiftyFuture Oct last close: 17882.75 (-1.8%)
Nov last close: 17913.10 (-1.8%)
What a terrific day on 28 Oct 2021
Bears was dominated on entire day likes end of the second
Biggest fall since April 12, 2021
NF was opened 18195 then fell up to 17850
There was no bounceback
All indices fell more 1.5% to 4.5%
PSUBank index fell more than 4%
VIX was up 8%
US yields climb as weak GDP largely ignored
Brent oil down 0.3% at $84.32
Today’s result stock Bpcl, Adandipower, DRL, Upl, Vedl, Bandhanbank, Cadila, Cholafin, Gail, Sail, Recltd, and Voltas
FIIs net sold 3818 crore while DIIs net bought 836 crore
NiftyFuture formed a big bearish candle on yesterday
NiftyFuture is facing a intraday resistance 17930, 17980 and 18050
If stays above 18050….. will try to check 18120
But, stay caution at higher levels!!
NF can be considered as supports as 17850, 17800 and 17740
Below 17740………..Expecting more weakness up to 17670 and 17630
Updated: 08.58 am / 29th Oct 2021
