18th March 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22023.35 (-0.56%)
After trading in the green for four weeks in a row, the market ended in the red
In last week, BSE Sensex lost 1,475.96 or 0.99 percent to end at 72,643.43
Nifty50 shed 470.25 points or 2.09 percent to finish at 22,023.30
Smallcap index posted its biggest weekly losses since December 2022 as it plunged 6 percent
Mid-cap Index tumbled 4 percent
Nifty Realty index shed 9.4 percent, Nifty Media index 8.3 percent, Nifty PSU Bank 8 percent
Nifty Metal index fell 6.8 percent while Information Technology index added 1 percent
Foreign institutional investors (FIIs) sold off equities worth Rs 816.91 crore
While their domestic peers (DIIs) continued to support the market, infusing Rs 14,147.5 crore
US GOVT PROBING ADANI GROUP CHAIRMAN GAUTAM ADANI OVER POTENTIAL BRIBERY
General election to be held in 7 phases from April 19 to June 1, results on June 4
India’s February trade deficit widens to $18.71 billion, exports at 11-month high
US markets ended lower on last Friday
Dow fell 0.49%, Nasdaq declined 0.96% and S&P500 dropped 0.65%
Amazon and Microsoft falling 2% each
US 10-year stays around 4.30
Crude sustains above $85/bbl
Gold prices fall below $2150/oz
Asian markets were set to higher opening in early trade
Nikkei up 2% and Hangseng up 0.35%
GiftNifty indicates a flat note for the index
This week trend decider 21800 and 22225
Today Nifty is facing a intraday resistance 22060 and 22080
If stays above 22080 will try to move 22140
On other side, Nifty considering a supports 21980 and 21950
Below 21950 finding a next support around 21900
Updated: 08.49 am / 18th March 2024
18th March 2024 #Banknifty Intraday Levels
Banknifty last close: 46594.10 (-0.42%)
Banknifty weekly trend decider 46200 and 47500
Today Banknifty is facing a intraday resistance 46700 and 46850
If stays above 46850 finding a next resistance 47050
On flip side Banknifty considering a supports 46450 and 46300
Below 46300 will try to check 46050
Updated: 08.40 am / 18th March 2024
15th March 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22146.55 (+0.68%)
The benchmark indices ended on a positive note on March 14
Nifty was opened 22000 and rallied up to 22200 then ended around 22150
Finally, Nifty was up 149 points or 0.68 percent at 22,146.70
Sensex was up 335.39 points or 0.46 percent at 73,097.28
Top gainers on the Nifty included Adani Enterprises, Adani Ports, Hero MotoCorp
while losers included Axis Bank, IndusInd Bank, Bajaj Finance, Tata Steel
Except for bank, all other sectoral indices ended in the green with telecom, power, oil & gas added 3 percent each
while auto, capital goods, FMCG, Information Technology, healthcare and metal rose 1-2 percent
Midcap index rising 2.2 percent and Smallcap index gaining 3 percent
Foreign institutional investors (FIIs) net sold shares worth Rs 1,356.29 crore
while domestic institutional investors (DIIs) purchased Rs 139.47 crore worth of stocks on March 14
OMCs slash petrol, diesel prices by Rs 2 per litre nationwide
SEBI Board Meeting held on today
Sensex rebalancing will happen today
US retail sales rebound in February; weekly jobless claims fall
US markets ended deep fallen on 14 March
Dow down 0.35%, Nasdaq fell 0.30% and S&P500 ended 0.29%
US VIX shot up 4% to 14.4
Adobe falls around 10% following weak guidance for current quarter
US 10-year rose to 4.30% after strong wholesale inflation data
Spot gold was down 0.6 percent at $2,161.10 per ounce
Brent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel
Asian markets open in the red
Nikkei down 0.14% and Hangseng down 1.95%
GiftNifty indicates negative opening for the index
Nifty is facing a intraday 22170 ad 22200
If stays above 22200 will try to move 22250
On flip side, Nifty considering a supports 22100 and 22060
Below 22060 finding a next support 22000 and 21920
Updated: 09.02 am / 15th March 2024
15th March 2024 #Banknifty Intraday Levels
Banknifty last close: 46789.95 (-0.41%)
Banknifty is facing a intraday resistance 46900 and 47000
If stays above 47000 will try to move 47200
Stay caution at higher levels!!
Banknifty can be considered supports as 46700 and 46600
Below 46600 finding a next support around 46400
Updated: 08.40 am / 15th March 2024
14th March 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 21997.70 (-1.51%)
The Indian market closed deep in the red on March 17
As broad-based selling and the mid and smallcap meltdown continued for another day
Nifty was opened 214440 then fell to 21905 then ended 21997
Nifty ended 338.00 points, or 1.51 percent, lower at 21,997.70
Sensex was down 906.07 points, or 1.23 percent, at 72,761.89
The biggest Nifty losers included Adani Enterprises, Coal India, Adani Ports, Power Grid
while gainers were ITC, UltraTech Cement, HCL Technologies, Kotak Mahindra Bank
All sectoral indices, except IT, ended in the red
Realty, media, PSU bank, telecom, power, oil & gas and metals down 4-6 percent
Broader indices underperformed the main indices with BSE Midcap index fell 4 percent
Registering steepest fall since December 2021
Smallcap index plunged 5 percent, a major drag since February 2022
Nearly 200 NSE stocks hit 52-week lows & 400 stocks close at lower circuit
Foreign institutional investors (FIIs) net sold shares worth Rs 4,595.06 crore
While domestic institutional investors (DIIs) purchased Rs 9,093.72 crore worth of stocks on March 13
SBI partners with Paytm as the fourth bank for its UPI business
Reliance to buy Paramount’s stake in Viacom18
Reliance Industries has agreed to buy Paramount Global’s entire 13.01% stake in local entertainment network
Viacom 18 Media for about $517 million
Viacom18 is majority-owned by Reliance and has 40 television channels, including Comedy Central, Nickelodeon and MTV
US markets ended mixed on March 13
Dow gained 0.1%, Nasdaq slipped 0.55% and S&P500 ended 0.19% lower
US 10-year yield rises to 4.19%
Gold prices rise to $2175/oz
The dollar index , which measures the greenback against a basket of six currencies, was mostly flat at 102.77
Brent futures rose $2.11, or 2.6 percent, to settle at $84.03 a barrel
while US West Texas Intermediate (WTI) crude rose $2.16, or 2.8 percent, to settle at $79.72
Asian markets were set to mixed opening
Hangseng down 0.25% and Nikkei at flat note
GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 22050 and 22100
If stays above 22100 will try to move 22170-22200
Nifty considering a supports 21940 and 21900
Below 21900 finding a next support around 21830
Updated: 08.57 am / 14th March 2024
14th March 2024 #Banknifty Intraday Levels
Today’s Banknifty supports and resistance levels will be sent to my free telegram channel.
Free telegram channel link is https://t.me/FlyingcallsArjun
Updated: 08.35 am / 14th March 2024
13th March 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22335.70
In yet another volatile session on March 12, the Indian benchmark indices ended on a mixed note
Nifty was opened 22350 went to 22450 then slipped to 22250
Finally, Nifty gained three points or 0.01 percent at 22,335.70
Sensex rising 165.32 points or 0.22 percent at 73,667.96
Top gainers on the Nifty included HDFC Bank, TCS, LTIMindtree, Maruti Suzuki and Infosys
while losers were Adani Enterprises, Cipla, Grasim Industries, Adani Ports and SBI
On the sectoral front, except IT all other indices ended in the red
Realty index down nearly 3.5 percent, PSU Bank and Media indices down two percent each
while capital goods, FMCG, healthcare, metal and power indices fell one percent each
Midcap index was down 1.3 percent and Smallcap index shed two percent
Nifty Smallcap index down 10% from peak; Over 30 stocks see double-digit losses
India’s February CPI inflation at 5.09%, core inflation drops further to 3.3%
India’s January IIP growth at 3.8% versus 4.2% in December
BAT to sell 3.5% ITC stake for Rs 16,775 crore; offers shares at 5% discount
SEBI asks Vedanta India to pay Cairn UK Holdings Rs 77.62 cr for late dividend payout
Foreign institutional investors (FIIs) net bought shares worth Rs 73.12 crore
while domestic institutional investors (DIIs) purchased Rs 2,358.18 crore worth of stocks on March 12
US markets ended higher on March 12
Dow gained 0.61%, Nasdaq rallied 1.54% and S&P500 added 1.12%
US VIX down around 9% to 13.90
US Feb inflation rate 0.4% MoM vs estimate of 0.3%
US 10-year yield slightly higher to 4.15%
Gold falls 1% from record high and ended $2155/oz
Brent futures for May delivery were up 36 cents, or 0.44 percent, at $82.28 a barrel
Asian markets were set to mixed opening in the early session
Nikkei down 0.4% and Hangseng up 0.2%
Today’s Nifty supports, resistance levels and open interest data will be sharing to my free telegram channel
Free telegram channel link is https://t.me/FlyingcallsArjun
Updated: 08.42 am / 13th March 2024