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

22nd July 2024 #Banknifty Intraday Levels

Banknifty last close: 52265 (-0.67%)

This week Banknifty trend decider 51750 and 52800
Today Banknifty is facing a intraday resistance 52350 and 52500
If stays above 52500 finding a next resistance 52700

On other side, Banknifty considering a supports 52150 and 52000
Below 52000 will try to check 51750

UpdateD: 08.42 am / 22nd July 2024

19th July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24800.85 (+0.76%)

The Indian equity market escalated to fresh record high
Extended the winning run for the fourth straight session on July 18
Nifty was seen highly volatile on July 18
At close, the Sensex was up 626.91 points or 0.78 percent at 81,343.46
Nifty was up 187.85 points or 0.76 percent at 24,800.85
Sensex and Nifty50 touched fresh record highs of 81,522.55 and 24,837.75, respectively
Among sectors, bank, auto, IT, FMCG and telecom rose 0.3-2 percent
The BSE midcap and smallcap index shed one percent each
FIIs bought equities worth Rs 5483 crore
Domestic institutional investors sold equities worth Rs 2904 crore, on July 18
INFY has announced a good result and ADR stock up 8.3% in USA
Today Reliance and Ultracemco going to declare the earnings report
HDFCBank and Kotakbank will be declare their earnings report on July 20
US markets ended lower on July 18
Dow lost 1.29%, Nasdaq slipped 0.75% and S&P500 fell 0.80%
For the week, Nasdaq down nearly 3% and Dow slipped to 2%
NVidia rises 3% despite ongoing jitters about deeper US chip ban
US 10-year yield rises above 4.2%
Crude below $85/bbl
Gold prices fall below $2425
US VIX went to around 16
Asian markets were set to lower opening
Hangseng & Kospi fall more than 1%

GiftNifty indicates a slightly negative opening
Nifty is facing a intraday resistance 24850 and 24880
If stays above 24880 finding a next resistance 24940

On flip side, Nifty considering a supports 24760 and 24730
Below 24730 will try to check 24650

Updated: 08.50 am / 19th July 2024

19th July 2024 #Banknifty Intraday Levels

Banknifty last close: 52620.70 (+0.43%)

Today Banknifty is facing a intraday resistance 52750 and 52900
If stays above 52900 will try to move 53100

On other side, Banknifty considering a supports 52500 and 52350
Below 52350 finding a next support around 52200

Updated: 08.32 am / 19th July 2024

18th July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24613 (+0.11%)

The Indian market extended the winning streak for the third consecutive session on July 16
On whole day Nifty was seen range between 50-75 points only
Finally, Nifty was up 26.30 points or 0.11 percent at 24,613.
Sensex was up 51.69 points or 0.06 percent at 80,716.55
FIIs extended their support as they purchased equities worth Rs 1271 crore
DIIs investors extended their selling as they sold equities worth Rs 529 crore, on July 16
US markets ended mixed trend on July 17
Dow gained 0.6%, Nasdaq lost 2.77% and S&P500 declined 1.4%
Nasdaq sees worst day in 2 years falls 3% below 18k
Dow sees outperform on Wednesday rises nearly 0.6% and ended 41000 for the first time ever
Trump hints at new tariff of China
Tech and Chips stocks fall during the session over China concerns
Nvidia fell 7% and followed by Apple and Microsoft
Johnson & Johnson rises nearly 4% after the strong earnings report
Fed Governor Christopher Waller says, Timing on rate cut closer
US 10-year yield at 4.17%
Cruse sustains $85/bbl
Gold price hitting fresh record high above $2460/oz
Dollar index below 104
Asian markets were set to lower opening on July 18
Nikkei down 2% and Hangseng down 0.1%

GiftNifty indicates a flat opening for the day
Nifty is facing a intraday resistance 24630 and 24650
Above 24650 will try to check 24700

On flip side, Nifty considering a supports 24590 and 24570
Below 24570 finding a next support around 24520

Updated: 08.39 am / 18th July 2024

16th July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24586.70 (+0.35%)

The record run continued on Dalal Street on the second consecutive session on July 15
Nifty climbing to fresh all-tile high amid buying across the sectors, barring Information Technology
Sensex was up 145.52 points or 0.18 percent at 80,664.86
Nifty was up 84.55 points or 0.35 percent at 24,586.70
Midcap index gained 1 percent while the smallcap index was up 0.2 percent
Among sectors, except IT all other sectoral indices ended in the green
Auto, pharma, PSU Bank, realty and oil & gas indices up 1-3 percent
FIIs extended their buying as they bought equities worth Rs 2684 crore
DIIs extended their selling as they sold equities worth Rs 331 crore, on July 15
US markets ended higher on July 15
Dow gained 0.53%, Nasdaq rallied 0.4% and S&P500 added 0.28%
Dow hits all time high
Powell says Fed will not walt until inflation is down to 2% before cutting rates
Goldman sachs rises more than 2% after reporting strong profit in its Q2 results
Apple ends nearly 2% higher after loop capital upgrades rating to buy
US 10-year rises above 4.23%
Dollar index sustains around 104.50
Brent crude below $85/bbl
Gold prices above $2425/oz
Asian markets were set to mixed on July 16
Nikkei up 0.5% and Hangseng down 1%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 24600 and 24620
If stays above 24620 will try to move 24650

On flip side, Nifty considering a supports 24565 and 24545
Below 24545 finding a next support around 24510

Updated: 08.45 am / 16th July 2024