04th March 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 16505.60 (-0.6%)

On Thursday, as usually NiftyFuture was seen highly volatile
NiftyFuture was opened 70 points higher at 16750 but unable to sustains opening gain then fell to 16445
In last 30 minutes NF was bounced almost 75 points from day’s low
The final tally was Sensex fell 366 points while Nifty50 declined 109 points
Auto and Bank index fell 1% to 2%
Volatility index sustained around 29.50
Oil prices rose $120 bbl
Gold gains after Russia attacks Europe’s largest nuclear plant
Ahead of IPO, Lic appoints insurance veteran Sunil Agarwal as CFO
US weekly jobless claims decline further as labour market tightens
FIIs net sold 6644 crore while DIIS net bought 4800 crore
Ukrainian emergency services say fire at Zaporizhzhia nuclear power plant is in a training building outside the main perimeter
No change in radiation levels at Zaporizhzhia nuclear power plant according to IAEA
Global markets slide today’s morning after the Nuclear plant attacks
US President Joe Biden urges Russia to allow emergency responders to Ukraine nuclear site: AFP News Agency
Russian troops preventing firefighters from accessing blaze at nuclear plant

SGXNifty indicates a gap down opening for the index
Likley to witness heavy volatile will be expected during the day
Retail intraday traders better to stay away from current market condition!!

NiftyFuture considered as supports as 16325 and 16200 which was recent bottom
Below 16200, expecting more pain up to 16000

NiftyFuture is facing a intraday resistance 16435, 16500 and 16550
Stay caution at higher leves!!

Updated : 08.50 am / 04th March 2022