02nd Jan 2023 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last clsoe: 18206.85 (+0.1%)

Indian equity markets back sharply on December 30 to snap 3-week losing streak and gained over 1%
Weekly basis, advanced 995.45 points or 1.66% to close at 60,840.74,
Nifty50 gained 298.5 points or 1.67% to settle at 18,105.3 levels
However, for the month of December both Sensex and Nifty lost 3.5% each
Nifty PSU index recovered previous week losses and rose 11 percent
Nifty Metal index added 8% and Nifty Realty and Oil & Gas indices gained 5% each
However, Nifty Healthcare index shed nearly 2%
Small-cap index gained 6%, Mid-cap index rose 3.6% and Large-Cap advanced 2.2%
FIIs offloaded equities worth Rs 5,761.56 crore,
while DIIs bought equities worth of Rs 5,062.45 crore
However, in the month of December FIIs sold equities worth Rs 14,231.09 crore
DIIs bought equities worth Rs 24,159.13 crore
Retail inflation for industrial workers eases to 5.41% in Nov
Core sectors growth quickens to 5.4% in Nov
Centre’s April-November fiscal deficit Rs 9.78 lakh crore, 58.9% of FY budget estimate
Brent crude the last day of the year settled at $85.90 a barrel
US markets ends with minor cuts but off lows
Frontline indices slip up to 0.3%
Dow was down about 9%, S&P500 sank 19.5% and Nasdaq tumbled 33% in 2022
US 10 year yield at 3.88%
Most of the Asian markets are shut today

This week NiftyFuture trend decider 17970 and 18375
SGXNifty indicates a negative opening for the day
However, NF is facing a intraday resistance 18245, 18265 and 18320
Stay caution at higher levels!!

On flip side, NF can be considered as supports as 18150 and 18100
If sustains below 18100 finding a next support around 18000

Updated: 08.48 am / 02nd Jan 2023