NiftyFuture July last close: 15781
Aug last close: 15806.35
Bulls dominated on entire day on 29th July 2021 after three straight sessions of losses
But, volatility was seen very high despite of 5% falling VIX
NF was opened 15740 and gradually went to 15812 then ended at 15780
The final tally was Sensex rose 210 points to 52653 while Nifty50 gained 70 points to close 15778
August series ended with 25 points premium
Metal stocks was rallied more than 3% on yesterday
Bank stocks looks weak
SBIN did very well in last 2 hours. The company will be declared earnings report on Aug 4
Selling pressure was seen Power, FMCG, and Oil&gas stocks
VIX down 5%
Today’s result stocks Britannia, Sunpharma, Upl, Bandhanbank, IOC, Bhel, Cholafin, Srtransfin, Nazaratech, Exideind, and Marico
FIIs net sold 866 crore while DIIs net bought 2046 cr in cash segment
US markets ended higher level on 29th July
Asian markets were mostly lower in early trading on Friday
SGXNifty indicate a negative opening for the day and continue volatility trade
Today NiftyFuture is facing a intraday resistance 15825, 15845 and 15870
Above resistance are hurdle for today’s trade!! Stay caution at higher levels!!
Today NF can be considered as supports as 15775, 15750 and 15725
Below 15725, will try to check 15680-15650
More live market update will be sent to my clients only
Updated: 08.40 am / 30th July 2021