25th July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24413.50 (-0.27%)

Indian benchmark indices witnessed profit booking for the fourth consecutive session on July 24
Nifty was seen highly volatile and ended 0.27% lower
Sensex was down 280.16 points or 0.35 percent at 80,148.88
Nifty was down 65.50 points or 0.27 percent at 24,413.50
Midcap index was up 0.7 percent and smallcap index rose 2 percent
On the sectoral front, healthcare, oil & gas, media, telecom, and power are up 1-2 percent
while FMCG and bank index are down 0.5-1 percent
The FIIs extended their selling as they sold equities worth Rs 5,130 crore on July 24
DIIs extended their buying as they bought equities worth Rs 3,137 crore on same day
US markets dropped more than 1% to 3.5% on Wednesday
Dow lost 1.25%, Nasdaq fell 3.65% and S&P500 dropped 2.3%
US VIX shot up 22% to 18
Nasdaq post worst session in post 2 years
Tesla and Alphabet reporting disappointing quarterly results
Tesla falls 12% post worst single day fall in 4 years
Alphabet fell 5% after weak earnings results
Nvidia falls 7% lower
US 10-year yield rises to 4.27%
Crude sustains $81/bbl
Gold prices fall below $2380/oz
Asian markets were set to lower opening on July 25

Today’s supports and resistance levels will be sharing to my telegram channel

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Updated: 08.50 am / 25th July 2024

25th July 2024 #Banknifty Intraday Levels

Banknifty last close: 51317 (-0.90%)

Today Banknifty is facing a intraday resistance 51400 and 51550
If stays above 51550 will try to move 51700

On flip side, Banknifty considering a supports 51200 and 51000
Below 51000 finding a next support around 50750

Updated: 08.12 am / 25th July 2024

24th July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24479.05 (-0.12%)

Indian equity indices ended lower for a third straight session on July 23
Nifty was seen highly volatile due to the Budget
Nifty fell almost 400 points during the budget but erased all the loss in second half
Nifty was down 30.20 points or 0.12 percent at 24,479
Sensex was down 73.04 points or 0.09 percent at 80,429.04
Titan Company, Tata Consumer, ITC, NTPC and Adani Ports were among the top gainers on the Nifty
while losers included L&T, ONGC, Hindalco, Shriram Finance and Bajaj Finance
Among sectors, FMCG, healthcare, media and IT indices were up 0.5-2.5 percent
However, bank, capital goods, metal, oil & gas and reality were down 1-2 percent
Midcap index shed 0.7 percent, while the smallcap index ended on a flat note
STT on Options increased from 0.0625% to 0.10%
STT on Futures increased from 0.0125% to 0.02%
The FIIs turned net sellers on July 23 as they sold equities worth Rs 2975 crore
while DIIs bought equities worth Rs 1418 crore on same day
Wall Street’s main indexes ended slightly lower on Tuesday
Tesla slips 8% on lower than estimated Q2 results
IBM, Qualcomm and Ford announce their earnings report today
At 104.5 the U.S. dollar index was close to a two-week high
Crude sustains below $81/bbl
Gold price rise slightly to $2410/oz
The US 10-year Treasury yield was up by 9 basis points to 4.25%
Asian markets were set to lower opening

GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 24520 and 24560
If stays above 24560 will try to move 24650

On flip side, Nifty considering a supports 24420 and 24380
Below 24380 finding a next support around 24300

Updated: 09.01 am / 24th July 2024

23rd July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24509.25

The Indian benchmark indices ended lower for the second consecutive session on July 22
On July 22, Nifty was opened gap down at 24380 then recovered the entire loss
Finally, Nifty was down 21.60 points or 0.09 percent at 24,509.30
Sensex was down 79.43 points or 0.10 percent at 80,525.22
Biggest Nifty losers included Wipro, Kotak Mahindra Bank, Reliance Industries, ITC
Gainers were Grasim Industries, HDFC Bank, Dr Reddy’s Labs, Tata Consumer and Infosys
On the sectoral front, auto, capital goods, healthcare, metal and power indices went up 1 percent each
while selling was seen in the media, bank, IT, realty and FMCG
Midcap index added 1.3 percent and the smallcap index rose 0.8 percent
The foreign institutional investors (FIIs) bought equities worth Rs 3,444 crore
While domestic institutional investors sold equities worth Rs 1,652 crore, on July 22
Bajajfinance and Hindunilver announce their earnings report on today
FIIs 77% net long on index futures ahead of Budget day
US markets ended higher on July 22
Dow gained 0.32%, Nasdaq rallied 1.57% and S&P500 gained 1%
Tesla will be declare their earnings report on Tuesday
US VIX fell 10% to 15
Dollar index sustains 104.30
US 10-year yield 4.25%
Crude down and settled around $82.50/bbl
Asian markets were set to mixed opening on July 23
Nikkei up 0.2% and Hangseng down 0.2%

GiftNifty indicates a flat note for the index
However, Nifty will be expected huge volatility ahead of the Budget
Today Nifty is facing a intraday resistance 24550 and 24600
If stays above (After Budget) 24600 will try to move 24700-24800

On other side, Nifty considering a supports 24460 and 24420
Below 24420 finding a next support around 24350
After Budget if stays below 24350…….. Expecting free fall

Updated: 08.34 am / 23rd July 2024

23rd July 2024 #Banknifty Intraday Levels

Banknifty last close: 52280.40

Today Banknifty is facing a intraday resistance 52400 and 52550
If stays above 52550 will try to move 52800-53000

On other side, Banknifty considering a supports 52150 and 52000
Below 52000 finding a next support around 51800-51750
Thereafter will check 51250

Updated: 08.15 am / 23rd July 2024

22nd July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24530.90 (-1.09%)

The Indian market continued to make fresh record highs in the truncated week ended July 19
Last week, Sensex was up 85.31 points or 0.10 percent to end at 80604.65
Nifty50 index was up 28.75 points or 0.10 percent to close at 24,530.9
Sensex and Nifty50 touched record highs of 81587.76 and 24,854.80, respectively
Small-cap index slipped nearly 3 percent & Mid-cap Index shed 2.6 percent
Large-cap Index was down 0.4 percent
On the sectoral front, the Nifty Media index shed 5.3 percent, the Nifty Metal index was down 4.6 percent
Nifty Energy index fell nearly 2 percent
On the other hand, Nifty Information Technology and FMCG indices added 2 percent each
FIIs extended their buying, as they bought equities worth Rs 10,945.98 crore
DII turned net sellers as they sold equities worth Rs 4,226.29 crore
US markets ended reddish on last Friday
Dow lost 0.93%, Nasdaq declined 0.81% and S&P500 down 0.71%
Dollar index sustains 104.30
US 10-year yield sustains 4.22%
Asian markets were set to lower opening
Nikkei down 1.17% and Hangseng up 0.65%

GiftNifty indicates a negative opening for the index
Nifty weekly trend decider 24500 and 24850
Today Nifty is facing a intraday resistance 24580 and 24630
If stays above 24630 will try to move 24680

On other side, Nifty considering a supports around 24490 and 24440
Below 24440 finding a next support around 24380

Updated: 08.54 am / 22nd July 2024