03rd Aug 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 15909 (+0.8%)

 Bulls dominated on month first trading day on 02nd Aug 2021

Good support global cues and upbeat macroeconomic numbers

NF was opened 15885 and went 15919 then finally ended at 15910

The whole days was seen very range with low volume

The final tally was Sensex gained 365 points while Nifty50 climbed 122 points

Volatility index settled around 12.50

Reliance did well after long period

Volumes were less than the average of the past few days which is not a good sign for bulls

Highest OI was seen 15800PE and 15900CE on yesterday closing basis

Adani Wilmar files for big bang Rs 4500 crore IPO

Today result stocks Adanient, Adaniports, Bhartiartl, BOI, Dabur, Godrejprop, and Tataconsum

FIIs sold 1539 crore worth of stocks in cash segment whereas DIIs bought 1505 crore

Suntv under F&O ban in NSE

US markets ended slightly lower on Monday

Asian markets slipped on Tuesday’s early trade

SGXNifty indicate a negative opening for the index

NiftyFuture formed a hanging man kind of pattern which was indicated caution at higher levels

Once again NF came around strong resistance 15900-15970 on yesterday

NF is facing a intraday resistance 15910, 15935 and 15970

Above resistance major crucial for today’s trade

NF can be considered as supports as 15880, 15860 and 15830

Below 15830 will try to check 15785

More live market update will be sent to my clients only

Updated: 08.28 am / 03rd Aug 2021