NiftyFuture April last close: 14901.15
May series last close: 14932.25
NiftyFuture last close:
Indian equities closed in the green for the fourth consecutive day on April 29
Very tough fight was seen Bulls Vs Bears
NF was opened gap up at 15010 and went to 15035 in first 15 minutes thereafter bears returned with huge power and dominated up to 14812. Finally NF was closed at 14897
The final tally, The Sensex was closed at 32 points higher at 49765 while Nifty50 gained 30 points to ended at 14895
Sector wise action was seen metals, energy, oil& gas while profit booking visible auto, telecom and capital goods
Exit polls came in West Bengal and TMC will get power (Opinion poll was BJP will get power)
Rest of states opinion polls and exit polls are same
Reliance will be declaring earnings report on post market hours today
Many companies will declare their results for the quarter ended March like Reliance, Indusindbank, Marico, Ajatapharma, Canfinhome and Yesbank
FIIs bought Rs 809 crore worth of stocks in cash segment whereas DIIs sold 943 crore
US markets ended higher on Thursday, Dow gained 0.71% and S&P500 gained 0.64%
While updating Dow Future down more than 100 points
Facebook and Amazon declared strong earnings on post market hours
Asian markets were set to lower on Friday
Sail was the only stock under NSE F&O ban in first day of May series
SGXNifty indicate a gap down opening for the index and expecting highly volatile during the day
NiftyFuture May series closed with a premium of 37 points
Today NF can be considered as supports as 14830, 14770 and 14720
If stays below 14720 (almost on day before yesterday’s low) expecting further weakness up to 14600
Today NF is facing a intraday 14880 and 14940……… Thereafter 15000
Stay caution at higher levels
More live market update will be sent to my clients only
Updated: 08.59 am / 30th April 2021
