NiftyFuture last close: 17125.65 (+0.2%)
On Friday, NiftyFuture was unable to sustained opening gain and ended day’s low
NF was opened 17200 and went to 17395 and sustained almost half session
Second session, NF was slipped from 17395 to 17095. Fallen 300 points from day’s high
Execept PSUBank index and other all index fell on last week
Psubank index surged more than 7%
Volatility index sustained around 21
The Economic Survey which is tabled in Parliament a days before the Budget
Goldman Sachs expecting five rate hikes this year
Oil rose on Monday and hovering near 7 yearhighs
Brent crude shot up to 92 cents to $90.95 a barrel
Today’s result stocks Bpcl, Hpcl, Ioc, Sunpharma, Dlf, Tatamotors, Exide, and Hdfc
FIIs net sold 5045 crore while DIIs net bought 3358 crore
On Friday, US markets was rallied from lower levels
Dow gained 1.65%, S&P500 gained 2.43% and Nasdaq rallied 3.12%
European markets post fourth straight week of losses amid Fed jitters
Most of Asian markets shut today and Hang Seng trading at a 175 points premium
This Trend Decider 16850 and 17400
SGXNifty indicates a gap up opening for the index
Likely to witness highly volatile will be expected during the day
NiftyFuture is facing a intraday resistance 17200 and 17275-17330
If stays above 17330 then will move to 17400
On flip side, NF considering a supports 17100, 17040 and 16960
Updated: 08.50 am / 31st Jan 2022
