05th June 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 18534.10 (+0.3%)

On Friday, Nifty was seen highly volatile and ended 0.3% higher
Nifty was opened 18550 and went to 18570 then slipped to 18480
Again went to 18550….Oops Nifty travelled around 100 points on Friday
On weekly basis, Nifty50 rose 34.75 points to end at 18,534.1
BSE Sensex gained 45.42 points to close at 62,547.11
Small-cap index surged 2.4%,Mid-cap Index rose nearly 2% and Large-cap ended on a flat note
Realty index gained nearly 4%, Media index added 3% and Healthcare index added 2.5%
Oil & Gas index shed 2.7% and Energy index fell nearly 2%
FIIs were net buyers in equities this week as they bought equities worth Rs 6,519.73 crore
DIIs sold equities worth Rs 1,043.1 crore
FPI investments hit 9-month at Rs 43838 crore in May on strong macro-outlook
Saudi Arabia to cut output by 1 mb/d for July
Oil prices rose more than 2% to $76/bbl
US markets sharply higher on last Friday
Dow Jones gained 2.12%, Nasdaq added 1% and S&P500 rallied 1.45%
US VIX ended around 14.70
Nasdaq rises for 6th straight week and Dow posts best single day gains since Jan
US 10-year yield rises to 3.72%
Gold prices slide below $1950/oz following a rise treasury yields
Asian markets were set to higher opening on 05 June

SGXNifty indicates a gap up opening for the index
Nifty weekly trend decider 18660 and 18460
Today Nifty is facing a intraday resistance 18560 and 18600
If stays above 18600 will try to move 18650

On other side, Nifty can be considered as supports as 18520, 18490 and 18460
Below 18460 expecting more pain

Updated: 08.28 am / 05th June 2023