Category: NIFTY Future Update

NiftyFuture last close: 14969 (+0.1%)

Indian markets snapped its two-day losing streak but profit taking was seen at higher levels on March 8

NF was opened 15000 and went to 15140 then slipped 14927. Finally settled at 14978

NF was seen range with volatility on March 8

Sector wise action  was seen energy, metals, media and IT stocks while selling pressure visible FMCG and financial stocks

India VIX fell almost 3% but premium is too high

Oil prices were nearby record highs following geopolitical issue in Gulf country

US markets ended with mixed trend. Dow Jones gained 0.95%, S&P500 lost 0.54% and Nasdaq slipped 2.41%

Nasdaq is dropped more than 10% from its Feb 12 record close

Asian markets were set for a strong opening on Tuesday

Oil prices dropped from peak above $70 a barrel

FIIs sold 1494 crore value of shares in cash segment while DIIs bought 484 crore

5 stocks under F&O ban. BOB, BHEL, PNB, Sail and Suntv

SGXNifty indicate a positive opening for the index above 15000 mark

NF formed a small bodied bearish candle on a daily chart which indicates limited upside and downside

NF is facing a intraday resistance at 15025 and 15085, If sustains above 15085 then will try to check 15140 and 15185

Stay caution at higher levels!!

NF is considering a supports as 14950 and 14920

Below 14920……… expecting further weakness up to 14850

Don’t short at very lower levels

More live market update will be sent to my clients only

Updated: 08.44 am / 09th March 2021

NiftyFuture last close: 14953.05 (-1%)

NiftyFuture was opened gap down 150 points and made a low was 14861 then recovered almost 100 points to settled at 14953 on Friday

In last 7 sessions, 4 gap up  and 3 gap down. That is the reason option premium is too high

In last week, Benchmark indices rising over 2.7% while Sensex added 2.6% to end at 50405

The broader markets outperformed with the Midcap gained 3.5% and the Smallcap indices added around 4%

FIIs bought net bought Rs 2200 crore of Indian equities in the week ended March 5 while DIIs sold Rs 2635 crore

India VIX also higher on Friday

Dow Jones rose 447 points, S&P500 gained 60 points and Nasdaq surged 147%

Asian markets rallied on Monday

5 stocks under F&O ban on NSE, Bob, Bhel, PNB, Sail and Suntv

SGXNifty indicate a gap up opening for the index and likely to witness volatile trade during the day

Today NiftyFuture is facing a intraday resistance at 15030, 15060 and 15110

If breaks and sustains above 15110 then will try to move 15160

NF can be considered as supports as 14950, 14920 and 14860

Don’t short at very lower levels

More live market update will be sent to my clients only

Updated: 08.50 am / 08th March 2021

NiftyFuture last close: 15106.25 (-1.3%)

 Niftyfuture was opened huge gap down on weak global cues and almost recovered 100 points from day’s low

NF was opened at 15047 then made a low of 14992 and shot up to 15235. Finally settled at 15110

Weak global cues like that US bond yield rose

Nifty50 fell 165 points to close at 15080 while Sensex fell 600 points to close 50846

But, broder markets Midcap and Smallcap index surged 0.48%, 0.8% respectively

Action was seen power and utilities stocks while profit booking was seen metals, banks, finance and telecom

US bond market shot up to 1.55%

After Fed chairman speech US markets fell significantly

US Dow Jones fell 1.11%, S&P500 lost 1.34% and Nasdaq declined 2.11%

Nasdaq indices fell nearly 10% from its Feb record high

Asian markets falling on Friday as rising US treasury yields

Japan’s Yen to an eight month high

China has set its 2021 economic growth target a more than 6% says Premier Li

FIIs and DIIs both sold shares worth of 223 crore, 788 crore respectively

SGXNifty indicate a gap down opening for index

NiftyFuture trading range between 14500 to 15300 in last five sessions and seems huge volatility

This volatility not seen even the macroeconomic Budget day

Today NiftyFuture can be considered as supports as 15030, 15000 and 14950

Below 14950………Will try to check 14880 and 14820

NF is facing a intraday resistance 15080, 15150 and 15220

If rise can sell nothing else!!

More live market update will be sent to my clients only

Updated: 08.56 am / 05th March 2021

Niftyfuture last close: 15298.85 (+2.3%)

Yesterday NiftyFuture was shot up to 2.3% and was seen unexpected rally (short covering)

NF was opened 15062 and went to 15318, In last 1 hour spiked more than 100 points like a short covering

Yesterday all CE writers went to hell

While updating SGXNifty indicate a gap down like 250 points

Today all PE writers going to hell

Today weekly expiry, But traders facing a everyday expiry day because Nifty also moved 250-400 points everyday and BNF was moved 1000-1500 points

Yesterday, when our markets closed US Fut was up more than 150 points

But, Really Dow Jones fell 0.40% and Nasdaq dropped 2.7%

Nasdaq index closed below 13000

Bond market shot up to from 1.13% to 1.5%

Indian VIX fell almost 20% in last 3 sessions but today maybe shot up

Option premium is too high ahead of peak margin

FIIs and DIIs both was bought on yesterday 2088 crore and 392 crore respectively

SGXNifty indicate a huge gap down like 250 points and volatility trade during the day

Trade very carefully and do small quantity. Don’t trade aggressively market will open everyday when trend is very clear then will do aggressive trade.

Let’s see technical levels

NiftyFuture likely to open around 15100

Now, NF can be considered as supports as 15035 (Yesterday’s low), If sustains below 15035 then will try to check 14975 and 14930

NF is facing a intraday resistance 15220 (support changed to resistance), 15275 and 15320

More live market update will be sent to my clients only

Updated: 08.54 am / 04th March 2021

While updating NiftyFuture were trading @ 15150 up 175 points

Global sentiment were supported to market and US future up 150 points and other Asian markets gains over 1%

Bank index outperformed today and gains over 1.5%

VIX index fell 5%, but option premium still too high (Banknifty ATM 36200 pair more than 600)

Let’s NiftyFuture is facing a intraday resistance 15180 which was high of technical glitch day

If breaks and sustains above 15180-15200……… Will try to move 15240

NF considering a supports 15105 (2 hrs support) then 15070, 15020

More live market update will be sent to my clients only

Updated : 12.40 pm / 03rd March 2021

NiftyFuture last close: 14958.15 (+1.1%)

Indian equities ended in the green for the second consecutive session in a row on March 2

Niftyfuture was opened 14845 and went to 14960 again slipped to 14776 then shot up and broken morning high went to 14989.75

In last 30 minutes NF was surged almost 130 points

Final tally on Nifty50 gained 157 points while Sensex gained 447 points

Action was seen Auto, IT, Consumer, and Telecom and PSU bank was seen little bit weakness

Auto index surged more than 4% to boost monthly sales report

VIX index fell 6% and its good option writers

Reliance Jio as the biggest buyer of spectrum for Rs 57122.65 crore and followed by Airtel at Rs 18698.75 crore

Oil prices fell to their lowest in two weeks on Tuesday. Brent crude at $62.7 a barrel

US markets ended lower on Tuesday

Dow Jones fell 0.46% and Nasdaq dropped 1.69%

Asian markets were set to edged higher on Wednesday

FIIs net bought shares worth of Rs 2223 crore while DIIs sold 854 crore in cash segment

Today’s NiftyFuture supports and resistance levels

Entry and exit will be sent to my clients during market hours

Noon update will be post around 12.30 pm………. be patient

Click here to check my packages 

Updated: 08.45 am / 03rd March 2021

NiftyFuture last close: 14797.75 (+1.5%)

Indian equities was took U turn on 01^st March on positive global cues

NiftyFuture was opened gap up at 14710 and made a low of 14658.50 then went to 14839

Sensex rose 750 points while Nifty closed with gains of 230 points

Indian volatility index declined more than 8% but premium was too high

Sector wise, action was seen metals, auto, utilities while profit booing visible in telecom

On Friday NF was opened huge gap down and sustained fell more and closed at day’s low

On yesterday NF was opened gap up and sustained with closed almost day’s high

Today NF likely to open 80+………. Seems very huge volatility!!

Auto sales report is not bad but tractor sales figure is good

US markets surged on Monday. Dow Jones surged 1.9% and Nasdaq added 3%

Asian markets were set to higher on Tuesday morning

Oil down more than 1%. Brent crude settled at $63.70 a barrel

FIIs did not contribute much and they bought just 125 crore while DIIs sold 195 crore

SGXNifty indicate a positive opening for the index likely to open 75+

NiftyFuture formed a bullish candle (Bollinger reversal) with gains of 1.7% on the daily chart but did not break previous day’s high and low

However, NF is facing a intraday resistance 14850 and 14900

If crossover 14900 with volume then will try to move Friday’s high 14950

But, Stay caution at higher levels. Every rise to sell until 15180 for positional

Other side, NF considering a supports 14765, 14730 and 14660

Below 14660………. will try to move 14600

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.25 am / 02nd March 2021

NiftyFuture last close: 14578.45 (-3.5%)

Indian equity market witnessed strong profit booking in the second part of the week due to geopolitical tensions, rising bong yields, and rising Covid-19 virus cases

The Sensex fell 3.5% and Nifty50 declined 3% for the week ended Feb 26 while Small-cap index gained 1.4% and Midcap index dropped 0.3%

On Friday, NF was opened at 14948 then slipped up to 14521.65 and finally settled at 14578

NF was broken strong support 14630 and closed below the level

On 26th Feb game changer day and was seen all round selling pressure Nifty and Sensex dropped more than 3.5% while Bank index fell more than 4.5% in single day

Especially Financial stocks, Private banks, and PSU banks fell up to 5% on 26th Feb

The highest points declined in Indian indices since the 4th May 2020

VIX index slipped 2-3% but option premium is too high

US markets ended lower on Friday. Dow down 470 points and Nasdaq added 73 points

Asian markets were set to higher levels

FIIs sold 8295 crore in cash segment while DIIs bought 1500 crore

SGXNifty indicate a gap up opening for the index and likely to witness volatile trade will be expected during the day

NiftyFuture Trend Decider For The 1st Week Of March: 14480 and 15000

NiftyFuture has formed a strong bearish candle on daily charts as well as weekly chart

Today NF is facing a intraday resistance 14630, 14660 and 14720

If crossover and stays above 14720……… will try to move 14800

Stay caution at higher levels and can sell on rise

Today NF considering a supports 14560 and 14520 (Friday’s low)

Thereafter expecting further weakness up to 14460 and 14400

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.47 am / 01st March 2021