06th Jan 2023 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18066 (-0.2%)

On Thursday, Indian equities markets was seen highly volatile ended negative notes
NF was opened 18155 and slipped 18090 then spiked to 18190 in just 20 minutes
Again NF slipped from 18190 to 17965 and once again shot up to 18066
The final tally was, Sensex fell 304 points to 60353
Nifty50 dropped 51 points to 17992
Midcap and Small-cap ended marginally positive
IT, Bank and energy index fell 0.5%
VIX shot up to 15 from 14.30
Bajajfinance fell more than 7% due to CLSA cut the targets
FIIs net sold 1449 crore while DIIS net sold 194 crore
IBullhsgfin are under F&O ban for Jan 6
Japan’s real wages fall at fastest pace in over 8 years in Nov
China’s December services sector extends declines as Covid cases surge
US trade deficit shrinks sharply as imports tumble
US future higher after cash market ended in red on Thursday
Dow down 1.5% ahead of US Dec jobs report
Tesla ends 3% lower as Dec China made EV sale falls to five month low
US 10 year yield firms to 3.72%
European markets end mixed
Dax down 0.4% and Ftse up around 1%
Crude inches higher, Brent crude above $79/bbl
Gold prices inches lower to $1837/oz
Dollar index surges to 105
Asian markets higher in early trade
Hangseng flat note and Nikkei up around 0.5%

SGXNifty indicate a marginally negative for the index
However, NiftyFuture is facing a intraday resistance 18085, 18130 and 18190
Above 2nd and 3rd resistance are crucial for today’s trade

On other hand, NF can be considered as supports as 18040 and 18000
Below 18000, will try to check 17960 and 17920.
If breaks and sustains below 17920…………. Expect more pain

Updated: 08.33 am / 06th Jan 2023