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CAPITALSTARS PRESENT DAILY DERIVATIVE MARKET UPDATE : 13 JANUARY 2021

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NIFTY OUTLOOK 13 JANUARY 2021

NIFTY FUTURES DAILY TECHNICAL
OUTLOOK

TECHNICAL CHART :


DAILY PIVOTS LEVELS:

TECHNICAL VIEW:

Closing bell:

Sensex settled 248 points, or 0.5 per cent, higher at 49,517.11 levels on the BSE. Bharti Airtel and SBI each surged 4 per cent on the Sensex today, followed by gains in RIL, HDFC Bank, ITC, and NTPC, up between 1.4 per cent and 3 per cent. On the downside, Asian Paints, Titan, HUL, and Nestle slipped up to 3 per cent, putting a lid on gains.

On the NSE, the Nifty50 closed above the 14,550-mark, at 14,563.45, up 79 points or 0.5 per cent.

Nifty futures have resistance 14670 after crossing this level it can reach up to the level 14800. In the downside nifty futures have support near 14450 after breaking this support it can slip till level of 14300.


BANK NIFTY CHART


DAILY PIVOTS LEVELS:

TECHNICAL VIEW:

In next trading session bank nifty futures have resistance 32500 after crossing this level it can reach up to the level of 32900.In the downside bank nifty futures has support near 31500 after breaking this support it can slip till level of 31050.

Global Indices: 


US STOCKS - U.S. Futures NASDAQ 100 are down 0.19 % while Dow futures up 0.13%
and S&P 500 Futures down 0.55%.

European stock markets trading in a negative zone with FTSE down 0.65 and DAX down 0.10%
respectively and all the major bourses in the region trading in negative territory.

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