02nd Nov 2021 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18008.45(+1.7%)

On Monday, NiftyFuture was seen unexpected rally and index gained more than 1.5%
NF was opened 17750 and went to 18038
Last one hour NF was rallied more than 150 points
Local cues and global cues boosted the sentiment
Good GST collection and reported 1.3 lakh crore
All indices ended green on Monday
Today’s result stocks Bhartiartl, Sunpharma, Dabur, Jindalstel,Hindpetro, Godrejprop
Nykaa subscribed over 81 times & HNI collection highest since 2016
Oil rises on demand outlook and is at $84.25 a barrel
The US 10 year bond yields at 1.57% ahead of Fed meet on Wednesday
FIIs net sold 202 crore while DIIs net bought 116 crore
PNB and Escorts under F&O ban
US markets ended higher on Monday
Dow Jones rose 94 points and Nasdaq gained 97 points
Asian markets were set to open mixed on Nov 2

SGXNifty indicated a positive opening for the index
NiftyFuture formed a bullish candle on Nov 1
Today NiftyFuture is facing a intraday ressitance 18050 and 18100
If sustains above 18100 expecting more rally

On other side, NF can be considered as supports as 17960, 17925 and 17870
Below 17870…… expecting more pain

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Updated: 08.38 am / 02nd Nov 2021