12th May 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture Last Close : 14878.25

On Tuesday, NF was opened 14798 and went to 14939 again slipped to 14860 in whole day NF was seen range with volatile

The final tally was Sensex declined 340 points while Nifty50 slipped 90 points

Midcap and Smallcap stocks seems shining on last few sessions

Many stocks (Adani gas, Adani green, Cholafin, Adanient, BEL and Sbicards) added in MSCI and excluding Zeel

Today Lupin, Asianpaints, Jindalstel, Voltas, Tatapower and more companies will be declaring earnings report on today

US markets ended in almost one month low on Tuesday

Dow jones declined 1.4% and S&P500 fell 0.9%

Today inflation data will be releasing in USA, It will impact on Friday (Tomorrow is a holiday)

Moody’s cuts India FY22 GDP growth forecast sharply to 9.3%

Four stocks under F&O ban. Canbank, NationalAlum, Pnb, and Suntv

FIIs sold 336 crore while DIIs sold 676 crore in cash segment

SGXNifty indicate a flattish opening for the index and likely to witness volatile will be expected

Today NiftyFuture is facing a intraday resistance 14910 and 14940

Above 14940 and holds above the level……….. Finding a next resistance 14975-15010

NF can be considered as supports as 14850, 14825 and 14785

Below 14785………. expecting more pain

More live market update will be sent to my clients only

Updated: 08.48 am / 12th May 2021

12th May 2021 #BankniftyFuture Intraday Levels

Bankniftyfuture last close: 32952.50 (-1.1%)

BankniftyFuture was trading range between 32200 to 33500 in past six sessions

Most of the days trading range around 32700 to 33200. Hence, Do not expect high volatile in coming days either if not break the level.

Today BankniftyFuture is facing a intraday resistance 33075 and 33200

If stays above 33200 then will move to 33330-33500. But stay caution at these levels

BNF can be considered as supports as 32840 and 32700 (Yesterday’s low)

If manages below 32700……… then will try to check 32500-32340

Don’t short at very lower levels and close watch 32150

More live market update will be sent to my clients only

Updated: 08.20 am / 12th May 2021

12th May 2021 Hot Stocks and Stocks To Watch

Last close: 103.70

IOC was surged more than 10% in past three sessions

Now, Stock finding a strong resistance zone around 105

Stock if breaks and manages above the level

Expecting further rally. Close watch at 105

Last close: 112.70

NTPC spiked 4.6% on yesterday and stock facing a resistance @ 115

Close watch 115, If breaks and managed above the level

Bulls action will be continued!!

Last close: 1029.65

HAVELLS has accumulated around 970-1010 in almost one month

If there is any declines can buy and hold with a stop of 970 closing basis

Expected rally 1150+

Updated: 08.01 am / 12th May 2021