04th Aug 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 16146.50 (+1.5%)

What a day on 3 August………. After a three month consolidation index was breached 16000

Indian market created history as the Nifty scaled 16000 for the first time ever on Aug 3

NF was opened 15950 and moved gradually up to 16162.90

On morning huge OI was seen 16k CE then after broken 16k……….. they covered short and index moved more than 150 points from 16k

Hdfc, Indusindbank, Sbin, Bajfinance, Reliance and HUL was helped to lift the index

India VIX moved up 7.4% from 12.80 to 13.74 levels

Volatility spiked as CALL writers got trapped the big rally

Today’s trend decider SBIN result and  all eyes on SBIN earnings report

Four initial public offering worth more than Rs 3600 crore, Devyani, Windlas biotech, Exxaro Tiles and Krsnaa diagostics

After long time FIIs pumped money in cash segment they bought 2116 crore while DIIs sold 298 crore

Today Adanigreen, Hpcl, Sbin, Tatacom, Titan, Boschltd and Godrejcp will be declaring their earnings report

US markets ended at record high on Tuesday

Asian markets were set to higher opening on Wednesday’s trade

 NiftyFuture formed a strong bullish candle on the daily scale as sustained buying interest was seen in any declines.

The NF forming higher highs and higher lows from the past four sessions which was indicated good sign

Heavy open interest was seen in PE side like 16000PE, 15900PE and 15800PE

There is no significant OI on CE side which means Nifty rally will be continue!!

NF is facing a intraday resistance 15195, 15220 and 15265

NF can be considered as supports as 15140, 15100 and 15060

If there is any declines buy!!

More live market update will be sent to my clients only

Updated: 08.45 am / 04th Aug 2021

04th Aug 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 35296.70 (+1.4%)

BankniftyFuture was climbed 1.4% on yesterday’s trade which was helped SBIN, Axisbank and Indusindbank stocks

Today SBIN will be declaring the earnings report

So, SBIN is the hero of the day……… If delivers good report BNF will move further rally

If not good…….. again will see selling pressure.

However hope they will deliver good report

Banknifty 35000PE was seen highest open interest and followed by 34600PE, 34500PE

CE side there is no significant open interest

Today’s bankniftyfuture intraday levels will be sent to my clients only

Noon update will post around 12.30 pm with open interest data

Stay with us…………

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Updated: 08.26 am / 04th Aug 2021

04th Aug 2021 Hot Stocks and Stocks To Watch

Last close: 446.50 (+2.7%)

SBIN will be declaring earnings report on today live market (Usually company reported live market only)

On yesterday, stock was climbed 2.7% and major contributor to index

Today stock facing a resistance 450-455. After result stock if sustains above 455

Expecting further rally up to 465+ ( if closes above 455. Ultimate Target 500)

Stock finding a supports 442, 438 and 433

If closes below 430……… stay caution!!

Last close: 1840.20 (+3.9%)

TITAN will be declaring their June quarter result on today

(Yesterday I recommended buying alert @ 1795 and Target done 1830)

However, After earnings report stock if stays above 1855

Finding a next resistance 1900+

Supports 1820 and 1800

Today’s guess stock

Stock if breaks and manages above 1465

Expecting rally 1500+………….. Which stock ?

Guess ( This associated company will be offering IPO soon)

Updated : 08.18 am / 04th Aug 2021

03rd Aug 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 15909 (+0.8%)

 Bulls dominated on month first trading day on 02nd Aug 2021

Good support global cues and upbeat macroeconomic numbers

NF was opened 15885 and went 15919 then finally ended at 15910

The whole days was seen very range with low volume

The final tally was Sensex gained 365 points while Nifty50 climbed 122 points

Volatility index settled around 12.50

Reliance did well after long period

Volumes were less than the average of the past few days which is not a good sign for bulls

Highest OI was seen 15800PE and 15900CE on yesterday closing basis

Adani Wilmar files for big bang Rs 4500 crore IPO

Today result stocks Adanient, Adaniports, Bhartiartl, BOI, Dabur, Godrejprop, and Tataconsum

FIIs sold 1539 crore worth of stocks in cash segment whereas DIIs bought 1505 crore

Suntv under F&O ban in NSE

US markets ended slightly lower on Monday

Asian markets slipped on Tuesday’s early trade

SGXNifty indicate a negative opening for the index

NiftyFuture formed a hanging man kind of pattern which was indicated caution at higher levels

Once again NF came around strong resistance 15900-15970 on yesterday

NF is facing a intraday resistance 15910, 15935 and 15970

Above resistance major crucial for today’s trade

NF can be considered as supports as 15880, 15860 and 15830

Below 15830 will try to check 15785

More live market update will be sent to my clients only

Updated: 08.28 am / 03rd Aug 2021

03rd Aug 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 34825.85 (+0.4%)

On Monday, BNF was opened 34820 and went to 34987 again slipped to 34678.

Finally BNF was ended at 34825.85

BNF consolidated around 34700-34850 in whole day but did not sustained higher levels

Hdfcbank, Icicibank, and Kotakbank did not well

Axisbank was seen marginally higher

Volatility index was sustained 12.50-13

Above chart yesterday’s closing open interest data

As per OI, 35000CE was seen highest OI and followed by 34800CE

PE side there is no significant OI which is indicated short sellers dominated CE only

Let’s see technical levels

BNF is facing a intraday resistance 34880, 34950 and 35050 thereafter 35200

Above third and fourth resistance are crucial for today’s trade

If comes resistance zone can sell CE and buy PE until 35200

BNF can be considered as supports as 34750, 34650 and 34500

More live market update will be sent to my clients only

Updated: 08.16 am / 03rd Aug 2021