24th June 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 15572.95 (+1.1%)

What a Thursday!! Oops!!
NiftyFuture was opened 15440 and went to 15629 then fell to 15360 again shot up to 15600
Did you know ? Yesterday NF swing was almost 700 points on both sides
Nifty50 gained 143 points to 15556 & Sensex was up 442 points to 52265
In this volatile market struggled for option sellers
Banknifty 33000CE opened 100 and went to 500 then fell 20 again shot up to 400 then fell to 100
Auto index gained more than 4%
Bankindex, IT, Small-cap and Midcap index gained 1% to 2.5%
VIX settled around 20.75
Brent crude settled around $110.50 a barrel
FIIs net sold 2319 crore while DIIs net bought 2438 crore
Accenture’s Q3 revenue comes in at $16.2 billion and beat estimates
US future higher and Dow futures recover 250 points from day’s low
US market recovered from lows to close higher
Dow Jones gained 0.64% while Nasdaq added 1.62%
US 10-year yield slipped to 3.1% ahea of Economic data on Friday
Powell reiterated need for hikes, Stated Fed’s commitments in bringing down inflation
Asian markets open with sharp gains
HangSeng index up 1.5%, Kospi up 2% and Nikkei up 190 points

SGXNifty indicates a positive opening for the index
Yesterday NF was formed a bullish candle and ended 1.1% higher
However NiftyFuture is facing a intraday resistance 15625 and 15660
If breaks and holds above 15660 will try to check 15720

On other side, NF can be considered as supports as 15550, 15500 and 15430
Below 15430 will try to check 15350

Updated: 08.48 am / 24th June 2022

24th June 2022 #Bankniftyfuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 33187.05 (+1.1%)

What a Terrific Thursday!!
BankniftyFuture was opened 32900 and went to 33445 then slipped to 32660 again shot up to 33300
Highly volatile day on weekly expiry Thursday
BNF was seen 1900 points swing in both sides
Icicibank and Hdfcbank did well
PSUBank index also gained marginally
VIX settled around 20
Did you know ? Banknifty 33000CE moved from 100 to 400 to 15 to 300 to 50 to 250

BankniftyFuture formed a small bodied bullish candle on 23 June
BNF is facing a intraday resistance 33260, 33330 and 33400
If breaks and manages above 33400 then will move to 33620

On other side, BNF can be considered as supports as 33100, 33030 and 32950
Below 32950 will try to check 32650-32700 levels
BankniftyFuture was took support around 32200-32500 multiple times

23rd June 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

Niftyfuture last close: 15403.40 (-1.5%)

On Wednesday, Niftyfuture was seen strong selling pressure and declined 1.5%
NiftyFuture was opened 15550 and fell to 15357 then settled at 15403.40
Sensex was down 709.54 points, or 1.35 percent, at 51,822.53
Nifty was down 225.50 points, or 1.44 percent, at 15,413.30
Nifty metal index was down 4.8 percent
Nifty bank, pharma, information technology and energy indices were down 1-2%
Midcap index fell 1.5 percent and the smallcap index shed 1%
Oil prices tumbled amid a push by US President Joe Biden to cut taxes on fuel to cut costs
Brent crude dropped $2.25 to $109.50 a barrel
FIIs net sold 2920 crore while DIIS net bougth 1859 crore
Suntv, Rblbank and Ibullhsgfin are under F&O ban for June 23
(FED’S POWELL SAID:
WE DON’T THINK WE’LL NEED TO CAUSE A RECESSION
THERE’S REALLY NOT ANYTHING THE FED CAN DO ABOUT OIL PRICES.
IT IS A POSSIBILITY OUR RATE RISES COULD CAUSE A RECESSION.
I THINK YOU WILL SEE INCREASE IN HOUSING PRICES TO SLOW PRETTY SIGNIFICANTLY NOW.
INTEREST-SENSITIVE SPENDING IS AN IMPORTANT ASPECT OF HOW OUR TOOLS WORK
CURRENT WAGE GROWTH IS INCONSISTENT WITH 2% INFLATION
WE WANT TO GET THE HOUSING MARKET BACK ON TO A MORE SUSTAINABLE PATH
PRICE INFLATION IS A MACROECONOMIC QUESTION.
I WAS PERSUADED THAT IT WAS CRITICAL THAT WE MAKE THE 75-BPS MOVE NOW)
US futures fall sharply and fell more than 200 points from highs
Powell said Recession is a “Possiblity”
Asian markets higher opening on Thursday early trade
SGXNifty indicates a positive opening with caution

Today’s NiftyFuture supports and resistance levels will be sent to my paid clients only

Updated: 08.57 am / 23rd June 2022

23rd June 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

Bankniftyfuture last close: 32837.95 (-1.2%)

On Wednesday, BankniftyFuture was seen consolidating with negative bias
BNF was opened 33050 and fell to 32800 then spiked to 33099 again slipped 32750
Finally BNF index was declined 1.2% down
Private banks was seen marginally selling pressure
VIX fell more than 5% and settled around 21.40
Option premium falling in last 1 hour

As per open interest 33000CE and 32500PE seems equal OI
Highest OI was seen 33500CE which means up side is limited
However, BankniftyFuture is facing a intraday resistance 32940, 33050 and 33200
Stay caution at higher levels!!

On flip side, BNF can be considered as supports as 32800, 32740 and 32500
Updated: 08.44 am / 23rd June 2022

22nd June 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

Niftyfuture last close: 15638.40 (+1.9%)

On Tuesday, NiftyFuture was rallied and gained 1.9%
NF was opened 15440 and went to 15716.75 then slipped 15640
NF slipped almost 75 points from day’s high to close
Sensex was up 934.23 points, or 1.81 percent, at 52,532.07
Nifty added 288.65 points, or, 1.9 percent to close at 15,638.80
Indian index was seen best performance in three weeks
All sectoral indices ended higher
oil & gas index up 6% and power, realty, IT and metal indices up 3 percent each
Midcap index jumped 2.4 percent and smallcap index added 3 percent
PSUBank index climbed 4%
VIX fell 5% to settled at 21.50
Oil prices slide as Joe Biden pushes for US fuel cost cuts
WTI crude fell $1.35 to settled at $108.18 a barrel
Fed to lift rates by 75 basis points in July and 50 bps in Sept : Poll
Elon Musk’s $44 billion twitter deal gets board endorsement
FIIs net sold 2707 crore while DIIs net bought 3066 crore
Ibullhsgfin and Rblbank are under F&O ban
US future lower after a rally in the cash market on 21 June
US markets closes with sharp gains and all frontline indices up 2% – 2.5%
Crude trading at a one month low Brent crude at $111/bbl
Asian markets open largely lower
Hangseng down 0.5%, Kospi down 1.7% and SGXNifty off opening highs

As per open interest data showing, 16000CE added huge OI
Nearby strikes there is no significant OI which means expecting highly volatile

However, NiftyFuture is facing a intraday resistance 15665, 15690 and 15720
Above 15720 will try to check 15765.
Stay caution at higher levels!! or sell on rise with stop of resistance zone

On other side, NF can be considered as supports as 15585 and 15540
Below 15540 will try to check 15470

Updated: 08.48 am / 22nd June 2022

22nd June 2022 BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 33238.95 (+1.6%)

On Tuesday, BankniftyFuture was seen strong rally and ended 1.6% gain
BNF was opened 32950 and slowly went to 33640
But, in last 45 minutes BNF was unable to sustained higher level
BNF slipped more than 400 points from day’s high to close
Private banks did well
Psu banks did very well on yesterday
Psubank index gained 4%
Hdfcbank and Icicibank did very well
Icicibank gained more than 2.5%
VIX fell 5% and settled around 21.50

Today’s BankniftyFuture supports and resistance levels will be sent to my clients only

Updated: 08.19 am / 22nd June 2022