Category: NIFTY Future Update

NiftyFuture Feb last close: 15100.55

March last close: 15169.50

NiftyFuture March series closed with a premium of 72 points

On 25th Feb, NF was opened gap up at 15078 and went to 15180 then settled at 15100

Today, March series opening with huge gap down

Do you know ? On 2020 March new series also was opened gap down and closed more than 4%, Wait and see……. what will happened today ?

Yesterday, Reliance was given good support to Nifty and stock spiked 4%

US markets indices tumbled on Thursday and Nasdaq index declined 3.5% largest fall in four months

Dow Jones down 560 points or 1.75% and S&P500 fell 96 points to 2.45%

US VIX shot up more than 30%

India VIX maybe spike 15% to 25% and option premium will be increasing!!

Asian markets opened sharply lower on Friday

RailTel to list today which was subscribed 42.4 times. It was a complete offer for sale by the Govt and all money will go to the govt

FIIs net bought 188 crore in cash segment whereas DIIs sold 746 crore

SGXNifty indicating a gap down opening for the the index and likely to witness volatility will be continued during the day

Today NiftyFuture can be considered as supports as 14960, 14920 and 14850

If sustains below 14850 then will expecting further weakness up to 14775

On other hand, NF is facing intraday resistance 15000, 15030 and 15080

If there is any bounce can create short selling………Yesterday’s high is strong resistance for coming days!!

More live market update will be sent to my clients only

Updated: 08.46 am / 26th Feb 2021

NiftyFuture last close: 14993.75 (+1.9%

What a day on Feb 24

Indian markets rocked sharp gains in the last hours of the trade once trading resumed after being halted due to technical snag in NSE on Feb 24

Normal session was up to 11.40 AM on yesterday then the technical glitch in NSE trading halted to 3.30 pm

Then extended trading timings 3.30 pm to 5 pm. The extended timings very boost for market sentiment

Taking note of the news that finance minister allowed the government business to transact with private banks. That news was more boost for private banks and finance stocks

When the news was out Banknifty surged more than 1000 points and Nifty moved 15000 mark

Finally Nifty jumped 274 points or 1.86% while Sensex closed more than 1000 points gain

Midcap and smallcap indices closed 0.75% and 1.10% higher

US markets ended higher level on Wednesday

Dow Jones climbed 424 points and Nasdaq gained 132 points

Asian markets were set to higher levels on Thursday

FIIs net bought 28739 crore in cash segment they bought block deal in Boschltd worth of Rs 30,000 crore hence, they net sold 1260 crore while DIIs bought 230 crore

SGXNifty indicate a positive opening for the index and likely to witness huge volatile will be expected during the day ahead of Feb expiry day

NiftyFuture again came at psychological levels 15000

Now, NiftyFuture is facing a intraday resistance 15030, 15075 and 15140

Above 15140……Finding a next resistance around 15200

NF considering a supports 14940, 14875 and 14820

Trade very carefully with strict stop-loss…….. If not maintain stop-loss better to avoid trading!!

More live market update will be sent to my clients only

Updated: 08.45 am / 25th Feb 2021

NiftyFuture last close: 14711.55 (+0.3%)

 What a volatility day on Feb 23^rd

NiftyFuture was opened at 14755 and slipped to 14662 again went to 14871 then slipped to 14665 finally settled at 14724

But, NF did not break previous day’s low

NF was moved almost 450-500 points volatility

Nifty metal index rose more than 3% while midcap and smallcap indices gained almost 1%

Bank index was seen underperformed

Kotakbank was main dragger in Banknifty

Volatility index sustained around 25, Trouble for option sellers

US markets was opened deep red and recovered in intraday

Dow Jones recovered almost 500 points from day’s low and closed 15 points higher

Nasdaq also recovered almost 300 points from day’s low and closed 67 points lower

Asian markets were set to mixed trend

Oil slipped by 1% at $61.12 a barrel

FIIs surprised and they sold 1569 crore in cash segment while DIIs bought 216 crore

SGXNifty indicating a positive opening for the index and likely to witness huge volatility will be expected

NiftyFuture formed a small bodied bearish candle which was indicates sell on rise pattern

However, NF did not break day before yesterday’s low 14639.75 and took support 14662 on yesterday

Now, NF considering a supports 14640-1660 for today, Suppose if breaks and manages below the level

Expecting further weakness up to 14560 and 14480 (Strong support)

Today NF is facing a intraday resistance 14775, 14825 and 14870 (yesterday’s high)

If breaks and holds above 14870……. Then will try to move 14920-14950

But, If comes higher level can sell…………

More live market update will be sent to my clients only

Updated: 08.42 am / 24th Feb 2021

NiftyFuture last close: 14672.65 (-2.1%)

NiftyFuture closed in the deep red and closed red for the fifth consecutive session in a row on Feb 22

NiftyFuture broken crucial support and closed below the level

NF was opened almost Friday’s close 14982 then went up 15002 then slipped gradually up to 14639.75 and closed day’s low

Sensex fell 1145 points to 49744 while Nifty50 fell 306 points to close 14675

Except metal stock other than all sectors was seen selling pressure

IT stocks was seen huge selling

Not even Indian market global market also dragged when our market closed time

Indian VIX has jumped to 25.82 which is 16% rise in a single day. Which was indicating further weakness and volatility

US markets closed in mixed trend, Dow Jones closed 27 points higher and Nasdaq down 340 points

Asian markets were set to mixed trend on Tuesday’s opening

Oil prices rise further and settled at $65.52 a barrel

FIIs sold 893 crore value of stocks in cash segment while DIIs sold 919 crore

SGXNifty indicates a positive opening for the index and likely to witness volatile trade will be expected during the day

NiftyFuture formed big bearish candle on yesterday and closed below 20 DMA

NiftyFuture is facing a intraday resistance at 14710, 14740 and 14785 (20DMA)

If crossover 14785 with volumes then will move up to 14860.

(However, Now NiftyFuture is facing a very strong resistance 15000 mark previous week 15000 was a strong support)

NiftyFuture considering a supports 14640 (Yesterday’s low) and 14600

If stays below 14600…….. Then will take next support around 14480-14520.

(If closes below 14480…………Katham kadham)

More live market update will be sent to my clients only

Updated: 08.51 am / 23rd Feb 2021

NiftyFuture last close: 14987 (-0.9%)

On Friday, NiftyFuture was opened 15062 then went to 15145 and slipped up to 14900 again shot up to 15000

Do you know ? My strong support at 14980, After broken 14980 slipped vertically to 14900

NiftyFuture was made a record high of 15430 on 16th Feb then slipped more than 2% from week high to low

NiftyFuture have been ending in the red for the last four consecutive sessions

Market will be reacting sudden spike in Covid-19 in some parts of the country like Kerala, Maharastra, Punjap and Chattisgarh have recorded an upsurge in daily new cases of Covid-19

FIIs has reduced the the buying power in last few sessions and they decreased f&O long positions in last week

However, FIIs net bought 23874 crore worth of stocks in cash segment in Feb so far while DIIs continued to profit booking and they sold 16638 crore in same period

SGXNifty indicating a negative opening for the index and likely to witness volatile trade continue during the day

In morning SGXNifty trading almost 70 points higher, Now slipped to 20 points lower.

NiftyFuture Trend Decider For The Last Week Of Feb is 14860 and 15400

Let’s see today’s technical levels,

Today NiftyFuture is facing a intraday resistance 15030, 15055, 15100 and 15160

Above 3rd and 4th resistance are hurdle………. If rise can sell and keep a stop of 15160

NF considering a supports 14945 and 14900, If breaks and holds below the level

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: 08.43 am / 22nd Feb 2021

NiftyFuture last close: 15116.10 (-0.6%)

NiftyFuture fell consecutive third sessions in a row on Feb 18

NF was opened 15221 and made a high of 15255 then slipped up to 15065 finally closed at 15120

Sensex fell 380 points to 51324 while Nifty50 closed 90 points lower at 15118

NF has formed a lower lows on consecutive third day

Action was seen oil & gas, public sector, power and metal while profit booking was seen auto, banks, finance and telecom

Hdfc twins major dragger in index

BOB surged more than 13% while PNB spiked 5% above

VIX index sustained around 21.50

US markets closed lower on Thursday while an unexpected rise weekly US jobless claims

Dow Jones fell 120, S&P500 lost 17 points, and Nasdaq declined 100 points

Asian markets were set to lower on Friday

FIIs net bought 903 crore in cash segment while DIIs sold 1218 crore

SGXNifty indicate a negative opening for the index and likely to witness some profit booking expected at higher levels during the day

NiftyFuture formed a bearish candle on consecutive third day in a row and made a lower lows which was indicated sell on rise mode

Today NiftyFuture considering a supports 15060, 15035 and 14980

NF can be considering a strong support zone around 14980-15000

If close below 14980………. expecting deep profit booking!! (Note it)

NF is facing a intraday resistance 15130, 15150 and 15200. If rise can sell

More live market update will be sent to my clients only

Updated: 08.48 am / 19th Feb 2021