02nd May 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 18065 (+0.85%)

On last week, Sensex rose 1,457 points or 2.44 percent to 61,112
Nifty50 jumped 441 points or 2.5 percent to 18,065
Nifty ended highest levels since December 2022
Midcap 100 and Smallcap 100 indices gaining 2.3% and 3.2% respectively
Govt reduces windfall tax on crude oil to Rs 4100
GST collection hit new all-time high of Rs 1.87 lakh crore in April
India April factory activity hits 4-month high on robust demand
FIIs net bought 3304 crore while DIIs net bought 264 crore on April 28
CoalIndia April production at 57.6mt up 7.7% YoY
US future lower after cash market endes in red on Monday
Dow ended 0.14% down, S&P500 ended flat note and Nasdaq declined 0.1%
JPMorgan ends 2% higher on First Republic Bank Acquisition report
US 10-year yield higher as market expects a 25 bps rate hike by Fed
Crude falls 1% below $79/bbl
Gold prices fall to $1980/oz
Dollar inded marginally gained to 102.30
Asian markets largely lower in early trade
Hangseng slips 0.5% and Kospi nearly down 1%

This week Nifty trend decider 18200 and 17800
Today Nifty is facing a intraday resistance 18100 and 18140
If breaks and manages above 18140 finding a next resistance 18200

On other side, Nifty can be considered as supports as 18050 and 18000
Below 18000, finding a next support around 17930

Updated: 08.43 am / 02nd May 2023