03rd Aug 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17346.30

What a terrific Tuesday!!
NiftyFuture was seen roller coaster formation on yesterday’s trade
NF was opened 17336 and fell to 17241 then shot up to 17420 again fell to 17300
In last 45 minutes NF dropped more than 100 points from day’s high to close
Bank index slipped more than 300 points from day’s high to close in last 45 minutes
Sensex was up 20.86 points, or 0.04 percent, at 58,136.36
Nifty was up 5.50 points, or 0.03 percent, at 17,345.50
Nifty PSU bank index rose 2.68 percent and the energy index 1 percent
Auto and FMCG gained 0.5 percent each
The information technology index shed 0.6 percent
Midcap index rose 0.5 percent and the smallcap index gained 0.34%
VIX shot up and ended around 18.50
Today’s result stocks Lupin, Adanipower, Adani Wilmar, Indigo, Adanitransmission and Paras
Brent crude fell 0.9% to settled $99.60 a barrel
FIIs net bought 825 crore while DIIs net sold 118 crore
Escorts are under F&O ban for August 3
Dow Future marginally higher after a close in the red for cash segment
US markets posts losses for the 2nd consecutive session
Dow down 1.24%, Nasdaq fell 0.16% and S&P500 declined 0.67%
Asian markets higher in early trade in Wednesday
Hangseng and Nikkei up nearly 1% each
Chinese Yuan fell to lowest level since mid May on Pelosi’s Taiwan visit
SGXNifty indicates a higher opening for the index

NiftyFuture is facing a intraday resistance 17380 and 17420
If breaks and manages above 17420, finding a next resistance around 17460-17500

On other side, NF can be considered as supports as 17300 and 17260
Belo 17260, Will try to check 17180-17200.

Updated: 08.38 am / 03rd Aug 2022