30th Sept 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture Sept last close: 16814 (-0.3%)
Oct last close: 16833.30

What a terrific Thursday
Nifty was opened gap up at 16980 and went to 17042 then dropped to 16786
There is no strength at higher levels in last couple of days
NF sept series was opened 17550 and went 18100 then slipped to 16800
Almost 1900 points swing ws seen in Sept series
Sensex was down 188.32 points, or 0.33%, at 56,409.96
Nifty was down 40.50 points, or 0.24%, at 16,818.10
Pharma, PSU Bank indices gained 1% each, while FMCG, metal indices up 0.5% each
Nifty IT and Energy indices fell nearly a percent each
Today Adanient include to the Nifty50 and Exclude Shreecem from Nifty50
Today at 10 pm, RBI will annouce their policy
As per poll, RBI likely to hike policy rate by 30 bps today
India’s current account deficit widnes to $23.9 billion or 2.8% of GDP in April-June
Crude steadies on prospect of OPEC+ output cut, weaker dollar
Brent crude settled at $88.50/bbl
FIIs net sold 3599.42 crore while DIIs net bought 3161.73 crore on Sept 29
Apple losses nearly 5% on reports of declining demand
US markets end largely lower on Sept 29
Dow down 1.54%, Nasdaq declined 2.85% and S&P500 dropped to 2%
European markets end around 1.5% to 2.5% lower on Sept 29
Asian markets were set to lower opening in Friday early trade

SGXNifty indicates negative opening for the index
Likely to witness highly volatile will be expected during the day ahead of RBI policy
NiftyFuture Oct series end with a premium of around 15 points
NF can be considered as supports as 16760 and 16720
If breaks and manages below 16720 finding a next support around 16650 and 16580

On other hand, NF is facing a intraday resistance 16820, 16860 and 16920
Above 16920 will try to move 16980-17000

Updated: 08.45 am / 30th Sept 2022

30th Sept 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture Sept last close: 37625.30 (-0.5%)
Oct last close : 37861.30 (-0.3%)

On Thursday, BNF was seen highly volatile and end 0.5% down
BNF was opened gap up at 38100 and went to 38298 then slipped to 37524
PSUBank index gained around 1%
Private banks was seen selling pressure
VIX slipped marginally and end 21.20
BankniftyFuture Sept series was opened 39500 and went to 41850 then fell to 37650
Around 6000 points move in the Sept series

All eyes on RBI Policy and Forecast of inflation
Banknifty Oct series was seen 220 points premium and end 37861.30
BankniftyFuture can be considered as supports as 37700 and 37470
If breaks and manages below 37470 finding a next supports 37200 and 36900

On other side, BNF is facing a intraday resistance 37800, 37950 and 38200
Above 38200, will try to move 38450

Updated: 08.31 am / 30th Sept 2022

29th Sept 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 16858.70 (-0.9%)

On Wednesday, NF was opened gap down at 16850 and went to 17033
Again dropped to 16835. Almost 400 points swing was seen in NF
Sensex was down 509.24 points or 0.89 percent at 56,598.28
Nifty was down 148.80 points or 0.87 percent at 16,858.60
Nifty Bank, Energy, Metal and PSU Bank indices fell 1-2 percent
while the pharma index rose 0.5 percent
BSE Midcap and Smallcap indices are down 0.4 percent each
VIX was sustained around 22
FIIs net sold 2772 crore while DIIs net bought 2544 crore
BOE to start unlimited bond purchases to stablish market
Idea are under F&O ban for Sept 29
SEBI rolles out framework for credit rating agancies
Oil prices jump on drops in supply
Brent crude rose 4.5% to $82/bbl
US future marginally lower following a relief rally in the cash segment
US markets ends with sharp gains
All frontline indices rise up to 2%
Dow and S&P500 rebound to snap 6-days losing streak
Apple slips 4% after company scraps plans to increse iphone production
European markets end higher on Wednesday
Asian markets were set to higher opening

SGXNifty indicates a gap up opening for the index
As per OI, 17000CE was seen huge OI on yesterday closing basis
Maybe opening trouble for 17k CE writers….
Today our market does not operate according to the world markets which follow a separate path
NiftyFuture is facing a intraday resistance 16980, 17020 and 17090
Above 2nd and 3rd resistance are crucial for today’s trade
Suppose, if sustains above 17090 will try to move 17150
Stay caution at higher levels!!

On flip side, NF can be considered as supports as 16930, 16870 and 16830
Below 16830……. Expecting blood bath

Updated: 08.57 am / 29th Sept 2022

29th Sept 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 37809.90 (-1.7%)

On Wednesday, BNF was seen highly volatile and ended 1.7% down
BNF was opened 38100 then fell to 37900 again shot up to 38400
Once again fell to 37672 and finally ended at 37809
Hdfcbank did not well in last one week
PSUBank was seen selling pressure
VIX sustained around 22

SGXNifty indicates a gap up opening for the index
As per open interest 38000CE and 38500CE was seen highest OI on yesterday closing basis
However, BankniftyFuture is facing a intraday resistance 38000 and 38230
If breaks and manages above 38230 will try to move 38450-38500 levels!!
Stay caution at higher levels!!

On other side, BNF can be considered as supports as 37650, 37500 and 37370
Below 37370 will try to check 37000

Updated: 08.35 am / 29th Sept 2022