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

NiftyFuture last close: 18146.75 (-0.4%)

The Indian equity benchmarks snapped a four-day winning streak on Nov 2
On Wednesday, NF was seen selling pressure and ended 0.4% down
NF was opened 18227 and slowly melting up to 18117
Sensex was down 215.26 points, or 0.35 percent, at 60,906.09
Nifty was down 62.60 points, or 0.34 percent, at 18,082.80
Midcap index ended flat, while the smallcap index was up 0.2%
Auto, information technology, realty and power indices lost 0.5-1%
Healthcare and metal, however, were up 0.5 percent each
Today result stocks HDFC, Heromotoco, Hpcl, Adanient, AWL, Adani Total gas, Srf, and Raymond
FIIs net bought 1436 crore whereas DIIs net sold 1378 crore
Dollar gains as traders gird for higher US rates
Lichsgfin and Pnb are under F&O ban for Nov 3
US future marginally higher following a volatile session for the cash market
FED Chair says “Very premature in my view to think about pausing the hikes”
Market rallied initially on anticipated rate hike, but reversed gains on Hawkish commentary
US 10-year bond yield rise to 4.11%
Crude edge higher following FOMC Nov meet outcome
Brent Crude near $96/bbl
Asian markets lower in early trade
Hangseng slips to 1.6% and Kospi falls 0.7%

SGXNifty indicates gap down opening for the index
Likely to witness highly volatile will be expected during the day
However, NiftyFuture is facing a intraday resistance 18160, 18200 and 18250
Stay caution at higher levels!!

On flip side, NF can be considered as supports as 18080 and 18030
Below 18030 finding a next supports 17980 and 17930

Updated: 08.50 am / 03rd Nov 2022