01st March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21982.80 (+0.14%)

In a highly volatile session on February F&O expiry day
The Indian benchmarks ended with marginal gains with Nifty finishing at around 22,000 level
Nifty was seen huge swing on Feb series ending day. Seen almost 850 points swing
Finally Nifty was up 31.65 points or 0.14 percent at 21,982.80
Sensex was up 195.42 points or 0.27 percent at 72,500.30
In February expiry, the Nifty50 index rose three percent
However, for the month of February Sensex and Nifty added one percent each
Adani Enterprises, Tata Consumer, M&M, IndusInd Bank and Adani Ports were among the top gainers on the Nifty
while losers were Apollo Hospitals, Bajaj Auto, LTIMindtree, Eicher Motors and UPL
On the sectoral front, except healthcare, all other indices ended in the green
Midcap index added nearly 1 percent and smallcap index rose 0.5 percent
The Union Cabinet approved three semiconductor plant proposa
Two in Gujarat and one in Assam, for an estimated cost of Rs 1.26 lakh crore
India’s GDP growth accelerates to 8.4% in Q3; FY24 growth pegged at 7.6%
India’s core sector growth hits 15-month low of 3.6% in January
India’s April-January fiscal deficit widens to Rs 11.03 lakh cr, 64% of FY24 target
Foreign institutional investors (FIIs) net bought shares worth Rs 3,568.11 crore
While domestic institutional investors (DIIs) sold Rs 230.21 crore worth of stocks on February 29
US markets ended positive on Feb 29
Dow gained 0.12%, Nasdaq added 0.9% and S&P500 rallied 0.52%
Dell jumps more than 18% on better than expected Q4 results
US 10-year yield falls near 2.5%
Dollar index back again 104
Brent crude futures for April delivery, which expires on Thursday, rose 9 cents to $83.77 a barrel
Spot gold was up 0.5 percent at $2,045.59 per ounce
Asian markets were set to higher opening on March 1

GiftNifty indicates a positive note for the index
Nifty is facing a intraday resistance 22020 and 22040
If stays above 22040 will try to move 22090

On other side, Nifty considering a supports 21950 and 21920
Below 21920 finding a next support around 21870

Updated: 08.50 am / 01st March 2024

01st March 2024 Banknifty Intraday Levels

Banknifty last close: 46120.90 (+0.34%)

Today Banknifty is facing a intraday resistance 46250 and 46350
If stays above 46350 will try to move 46500

On other side, Banknifty considering a supports 46000 and 45900
Belo 45900 finding a next support around 45750

Updated: 08.29 am / 01st March 2024

29th Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21951.15 (-1.1%)

The Indian equity benchmarks closed more than a percent lower on February 28 amid selling across the sectors
Nifty was opened 22200 then slipped to 21900
Nifty slipped to 21,951.20 down 247.10 points, or 1.11 percent, its biggest drop in five weeks
The Sensex ended 790.34 points, or 1.08 percent, lower at 72,304.88 after hitting a low of 72,222.29
Biggest Nifty losers included Power Grid Corporation, Apollo Hospitals, Eicher Motors
while gainers were HUL, Infosys, TCS and Bharti Airtel
All the sectoral indices ended in the red with auto, oil & gas, power and realty. down 2 percent each
Midcap and smallcap indices fell 2 percent each
RIL announces Rs 70,352 crore JV with Disney to merge streaming, TV assets in India
Sebi issues confirmatory order on Brightcom Group; suggests further examination by ED
Foreign institutional investors (FIIs) net sold shares worth Rs 1,879.23 crore
while domestic institutional investors (DIIs) bought Rs 1,827.45 crore worth of stocks on February 28
US markets marginally down on Feb 28
Dow and S&P500 ended flat note and Nasdaq slipped to 0.55%
US fourth-quarter economic growth revised slightly lower
US 10-year yield near 4.3%
Gols prices rise above $2035/oz
Brent crude futures settled 3 cents higher, or up 0.04 percent at $83.68 a barrel
Bitcoin rallied above $63000 for the first time in more than 2 years
Asian markets were set to mixed in early morning
Nikkei down 0.65% and Hangseng up 0.80%

Nifty is facing a intraday resistance 22000 and 22040
If stays above 22040 will try to move 22100

On other side, Nifty considering a supports 21900 and 21865
Below 21865 will try to check 21800

Updated: 08.57 am / 29th Feb 2024

29th Feb 2024 #Banknifty Intraday Levels

Banknifty last close:45963.15 (-1.34%)

Today Banknifty is facing a intraday resistance 46100 and 46250
If stays above 46250 will try to move 46500
Stay caution at higher levels!!

On other side, Banknifty considering a supports 45850 and 45700
Below 45700 finding a next support around 45500

Updated: 08.42 am / 29th Feb 2024

28th Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22198.35 (+0.35%)

The Indian benchmark indices erased most of their recent losses to end higher on February 27
Nifty was opened 22120 then rallied around 22200
Nifty was up 76.30 points or 0.34 percent at 22,198.30
Sensex was up 305.09 points or 0.42 percent at 73,095.22
Top gainers on the Nifty included Tata Motors, TCS, IndusInd Bank, Power Grid
while losers were Hero MotoCorp, Bajaj Finance, SBI, Divis Labs
Among sectors, Auto, Capital Goods, Information Technology, Pharma, Realty up 0.5-1 percent each
while Oil & Gas index was down one percent
Midcap and Smallcap indices ended marginally lower
Marico announces interim dividend of ?6.50/sh
Angel One selected as an associate partner for IPL for a period of 5 yrs
Vodafone Idea Board approved fundraising of up to Rs 45,000 crore through equity and debt
Titan to acquire balance 0.36% stake in CaratLane for Rs 60 crore
Foreign institutional investors (FIIs) net sold shares worth Rs 1,509.16 crore
while domestic institutional investors (DIIs) bought Rs 2,861.56 crore worth of stocks on February 27
US Markets ended almost flat note on Feb 27
Dow lost 0.25, Nasdaq inched up 0.35% and S&P500 ended flat note
US VIX fell 2.5% to 13.4
US 10-year yield near 4.3%
Bitcoin extends rally $57000 first time since the Dec 2021
Spot gold firmed 0.3 percent at $2,035.92 per ounce
Brent crude futures rose 50 cents, or 0.61 percent, to $83.03 a barrel
WTI were up 60 cents, or 0.77 percent, at $78.18
Asian markets open mixed in the early morning trade
Nikkei down 0.12% and Hangseng down 0.5%

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: 08.39 am / 28th Feb 2024

28th Feb 2024 #Banknifty Intraday Levels

Banknifty last close: 46588.05

Today Banknifty is facing a intraday resistance 46700 and 46800
If stays above 46800 will try to check 47000

On other side, Banknifty considering a supports 46500 and 46400
Below 46400 finding a next support around 46250

Updated: 08.18 am / 28th Feb 2024

27th Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22122.05 (-0.41%)

In yet another volatile session, the Indian equity indices ended on a negative note on February 26
Nifty was opened 22170 then slipped to 22080 again bounced back to 22150
Finally, Nifty was down 90.70 points, or 0.41 percent, at 22,122
Sensex was down 352.67 points, or 0.48 percent, at 72,790.13
Asian Paints, Hindalco, Apollo Hospitals, Divis Labs and Titan Company were among the top losers on the Nifty
while gainers were Power Grid Corp, L&T, Adani Enterprises, BPCL and Tata Consumer
Among sectors, Information Technology and Metal down 1 percent each, while Bank and Pharma down 0.5 percent each
On the other hand, oil & gas, power and capital goods up 0.5-1 percent
Midcap index lost 0.4 percent, while Smallcap index ended on a flat note
Foreign institutional investors (FIIs) net sold shares worth Rs 285.15 crore
while domestic institutional investors (DIIs) offloaded Rs 5.33 crore worth of stocks on February 26
PSU lender Canara Bank on Monday said its Board approved split of each share into five shares
CMS Info’s promoter likely to offload entire 26.7% stake at Rs 360 per share
US stocks ended with modest losses on Monday
The Dow Jones Industrial Average fell 62.30 points, or 0.16%
The S&P 500 lost 0.38 percent and the Nasdaq Composite lost 0.13 percent
The U.S. dollar index traded flat at 103.78
Spot gold edged 0.5 percent to $2,025.91 ounce
Brent crude futures rose 16 cents, or 0.2%, to $82.69 a barrel
Asian markets were mixed on early Tuesday
Japan’s Nikkei index up 0.4 percent, while Kospi index down marginally

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22140 and 22160
If stays above 22160 will try to check 22200

On other side, Nifty considering a supports 22090 and 22070
Below 22070 fidning a next support around 20020

Updated: 08.44 am / 27th Feb 2024