03rd May 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 18147.70

On Tuesday, Nifty was opened gap up and consolidated whole day
Nifty was opened 18120 and travelled around 18120-18150
Finally, Nifty was ended 18147 gained 82 points
Sensex gained 242 points to close 61354
Pharma and FMCG was seen selling pressure
Other index gained 0.5% to 2%
VIX shot up 9% to 12
Today Titan, Cholafin, Havells, Godrejprop, and MRF annouce their results
FIIs net bought 1997 crore while DIIs net bought 394 crore
Gold jumped 1.8% to $2016
Vedanta creates pledge on 8.05 crore shares (1.91% equity) on April 28
US future marginally higher after a close in the red for cash market
US markets ends with deep cuts on Tuesday
Dow down 1.08%, Nasdaq fell 1.09% and S&P500 fell 1.17%
US VIX was up 11% to 17.78
US yield crashed to US debt worry. US 10year yield fell 4% to 3.42
Apple, Alphabet, Tesla, Netflix and Meta fell 1% to 2.5%
US dollar index falls below 102
US Regional banks stock fell 10% to 30%
Western Alliance fell 16%, Comerica fell 13% and Pacwith Bank fell 25%
Asian markets lower in early trade
Hangseng down 1% and Nikkei shut today

SGXNifty indicates a gap down opening for the index
Today, Nifty is facing a intraday resistance 18160 and 18200
If stays above 18200 will try to move 18250

On other side, Nifty can be considered as supports as 18110, 18080 and 18030
Below 18030 finding a next support around 17960

Updated: 08.47 am / 03rd May 2023