NiftyFuture last close: 16942.40 (+1.3%)
What a Monday. Indian markets started the massive week
Nifty and Sensex was gained more than 1% on August 30
NF was opened gap up 100 points at 16745 and gradually shot up to 16960
The Sensex was up 765 points at 56889 and Nifty was up 225 points @ 16931
Midcap and Smallcap index surged 1.5%
Bank index climbed more than 2% on Monday
Recently introduced F&O stocks was gained more than 7%
IT stocks was seen profit booking
Volatility index was ended almost flat
Option premium was increased in last 30 minutes due to high volatile
FIIs turned to buying they bought 1202 crore and DIIs net bought 688 crore
Global side, Brent oil rose 0.9% at $73.41
German inflation hits fresh 13 year high in August
Euro zone bond yields fall after showing German’s high inflation
US markets ended almost flat note
Asian markets mostly slipped in Tuesday morning trade
SGXNifty indicate a negative opening for the index and likely to witness volatile will be expected during the day
NiftyFuture formed a strong bullish candle on Monday and also forming higher highs and higher lows on the lower time frame
NiftyFuture is facing a intraday resistance 16960, 16985 and 17030
Other side, Nf considering a supports 16900, 16880 and 16840
Updated: 08.38 am / 31st Aug 2021
