07th Dec 2021 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 16957.15 (-1.6%)

On yesterday, NF was opened 17240 then fell gradually up to 16942
NF was ended at 16957.15 almost day’s low
On last two sessions, Nifty was down more than 600 points
Indian markets was fell 1.5% despite the global market shot up
All front line stocks was down more than 1%
IT index shed 2.7%
Pharma, Midcap, Smallcap, Metal, Psubank and Auto index fell 1% to 2.5%
Volatility index shot up to 20.20
Brent crude rose $3.3 a barrel and settled around $73.08
FIIs net sold 3361 crore while DIIs net bought 1701 crore
Ibullhsgfin are under F&O ban on 7th Dec
US markets rose on Monday. Dow gained 640 points and S&P500 gained 52 points
Nasdaq gained 137 points on Monday
Asian markets were set to higher opening after the US markets rallied

NiftyFuture was fell more than 600 points from Friday’s high to yesterday’s low
SGXNifty indicates a positive opening for the index
However, NiftyFuture is facing a intraday resistance 17010, 17050 and 17100
NF can be considered as supports as 16940, 16880 and 16850
Below 16850, Expecting panic selling!!

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Updated: 08.45 am / 07th Dec 2021