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CAPITALSTARS PRESENT DAILY DERIVATIVE MARKET UPDATE : 14 JANUARY 2021

 Capital Stars Financial Research 

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NIFTY OUTLOOK 14 JANUARY 2021

NIFTY FUTURES DAILY TECHNICAL
OUTLOOK

TECHNICAL CHART :
DAILY PIVOTS LEVELS:

TECHNICAL VIEW:

Closing bell:  Sensex ended at 49,584, up 92 points, or 0.19 per cent. The index hit an intra-day high and low of 49,664 and 49,182, respectively.  

Nifty50 index, meanwhile, ended the session at 14,596, up 0.21 per cent. IndusInd Bank (up 3 per cent) and TCS (up 2.7 per cent) were the top Sensex gainers, while Reliance Industries also rose 1 per cent. On the other hand, HCL Tech (down 2 per cent) led the list of losers. Out of the 30 Sensex constituents, 16 ended the day in the green.  
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 32900 after crossing this level it can reach up to the level of 33500.In the downside bank nifty futures has support near 31800 after breaking this support it can slip till level of  31450.

Global Indices: 

US STOCKS - U.S. Futures NASDAQ 100 are down 0.01 % while Dow futures up 0.37% and S&P 500 Futures up 0.17%.  


European stock markets trading in a positive zone with FTSE up 0.83 and DAX up 0.43% respectively and all the major bourses in the region trading in positive territory.


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