08th April 2021 #NiftyFuture Intraday Levels and Pre-market Report

NiftyFuture last close: 14888 (+0.8%)

 Indian markets rose for the second day in a row on April 7, 2021

NiftyFuture was opened 14750 and made a low of 14701 then spiked up to 14950

Finally erased almost 70 points from intraday high to closing rate

Helped positive global cues and RBI assuring sufficient liquidity to the financial markets

The final tally was Sensex rallied 460 points to close at 49661 while the Nifty50 ended 135 points to 14819

Buying was seen in auto, banks, telecom and metals while the selling pressure visible power stocks

In last 16 sessions NiftyFuture was trading range between 14260 to 15080 with volatility

US markets almost flat closing on Wednesday

Asian markets were set to higher opening on Thursday

Oil inched higher on Wednesday on improving global economic outlook and Brent crude settled at $63.16 a barrel up 42 cents

FIIs net bought 227 crore in cash segment and DIIs also bought 381 crore

Today’s NiftyFuture supports and resistance levels will be sent to my clients only

Noon update will post around 12.30 pm…….. be patient!!

Updated: 08.44 am / 08th April 2021