07th Nov 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18194 (+0.4%)

On Friday, NF was opened 18135 and made a low of 18070 then spiked 18220
Indian equity market winning streak in the third consecutive week ended November 4
Supported by strong FII flow, better earnings, and strong GST collection
On last week Sensex added 990.51 points or 1.65 percent to end at 60,950.36
Nifty50 gained 330.35 points or 1.86 percent to close at 18,117.15
All the sectoral indices ended in the green with Nifty Metal index gaining 7.5%
Nifty Pharma, PSU Bank and Oil & Gas indices rising nearly 3% each
Midcap index up 2.4 percent and Largecap index added 2.4 percent
During the week, foreign institutional investors bought equities worth of Rs 10,338.72 cr
while domestic institutional investors sold equities worth of Rs 4,496.06 cr
SBIN announced a strong earings report
Today’s result stocks Coalindia, Divislab, Paytm, BPCL and Ceatltd
Lichsgfin are under the F&O ban for Nov 7
US Future recover almost 300 points from day’s low
US markets ends with gains on Friday
Frontline indices rose more than 1% each
Apple shares slips due to China covid curbs
US 10-year yield rises to 4.15% ahea of key inflation reading on Nov 10
Crude rises 5% on Friday over a possible EU ban on Russian oil
Brent crude above $97/bbl
Asian markets hiher ahead of China trade data
HangSeng up 2% and Nikkei up 1%

NiftyFuture weekly trend decider 18220 and 17950
NiftyFuture is facing a intraday resistance 18220 and 18280
If breaks and manages above 18280 will try to move 18350

On other side, NF considered a supports as 18160, 18120 and 18070

Updated: 08.49 am / 07th Nov 2022