02nd June 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 15618.15 (+0.2%)

NiftyFuture was ended all time high once-again but consolidated around 15600

NF was opened 15612 and went to 15660 then slipped and made a low of 15546 again shot up to 15630

Only 2-4 stocks supported to lift the index

Reliance once-again rallied

Bajaj twins given more contribution to Nifty

Other Nifty50 stocks was seen consolidated

VIX below 17 that’s why option premium is very low

Today, Mothersumi, MuthootFin, Pvr will be declaring earnings report

FIIs net sold 449 crore while DIIs net bought 230 crore in cash segment

Three stocks under F&O ban BOB, Sail and Suntv

US markets ended mixed trend

Asian markets were set to mixed opening on Wednesday

SGXNifty indicate a cautions opening for the index within 10-20 points negative

However, NiftyFuture formed hanging man pattern in daily scale but weekly scale showing bullish view

Anyway, NF is facing a intraday resistance 15635 and 15660

Above 15660, will try to move 15700

NF can be considered as supports as 15585 and 15545

Below 15545………. Finding a next support around 15480-15500

More live market update will be sent to my clients only

Updated: 08.53 am / 02nd June 2021