While updating NiftyFuture were trading at 14870
NF opened little bit weakness at 14765 and marked a low of 14731 then took U turn and marked a high 14889
BankniftyFuture crossed 35000 mark
Banking and Financial stock helped to life the index
Volatility index down 2% but option premium is too high right now hence expecting another big move until 3 pm. That is the reason Option premium is too high
Now, NiftyFuture is facing a intraday resistance 14900 and 14945
If bulls will dominate couple of day……….. Nifty will be break 15000.
NF considering a supports 14835-14820 (1 hr support) then will check 14760
However, If there is any declines can buy. Expecting huge movement after 1 pm
Updated: 12.43 pm / 04th Feb 2021