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CAPITALSTARS PRESENT DAILY DERIVATIVE MARKET UPDATE : 18 DECEMBER 2020

  Capital Stars Financial Research 

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NIFTY OUTLOOK 15 DECEMBER 2020

NIFTY FUTURES DAILY TECHNICAL
OUTLOOK

TECHNICAL CHART :


DAILY PIVOTS LEVELS:


TECHNICAL VIEW:

Closing bell:
Sensex settled at fresh closing peak of 46,890, adding 224 points or 0.48 per cent. In the intra-day deals, the index neaely kissed the 47,000-mark and hit a lifetime high of 46,992.

The broader Nifty50 index, on the other hand, surged 58 points, or 0.42 per cent, to end at 13,741 levels. It hit a record high of 13,773 during the day.

Nifty futures have resistance 13780 after crossing this level it can reach up to the level 13860. In the downside nifty futures have support near 13600 after breaking this support it can slip till level of 13250.


BANK NIFTY CHART


DAILY PIVOTS LEVELS:

TECHNICAL VIEW:

In next trading session bank nifty futures have resistance 31010 after crossing this level it can reach up to the level of 31500.In the downside bank nifty futures has support near 30170 after breaking this support it can slip till level of 29500.


Global Indices: 

US STOCKS - U.S. Futures NASDAQ 100 are up 0.50 % while Dow futures up 0.30 % and
S&P 500 Futures up 0.18%.

European stock markets trading in a positive zone with FTSE up 0.10 and DAX up 0.76%
respectively and all the major bourses in the region trading in positive territory.


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