08th Aug 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17416.15 (+0.2%)

On Friday, NiftyFuture was seen range with positive bias
NF was opened 17440 and went to 17515 then slipped to 17365 and finally ended 17415
Indian equity market continued to rise with the key indices gaining more than 1% each in the week ended August 5
Sensex added 817.68 points (1.42 percent) to end at 58,387.93
Nifty50 rose 239.25 points (1.39 percent) to close at 17,397.5
Small-cap index jumped 2%, Mid-cap Index added 1.7%, and Large-cap Index added 1.4%
IT rose 3%, Power index added 2.87% and Auto index added 2.22%
Realty index shed 3 percent
After a long time the foreign institutional investors (FIIs) remained net buyers for the full week
They bought Rs 6,991.54 crore of equities
DIIs turned net sellers as they sold equities worth of Rs 1,765.59 crore
SBIN has declared the weak earnings report and profit declined 7%
Today’s result stocks Bhartiartl, Adaniports, Powergrid, Torrnetpower and Nalco
FIIs net bought 1605 crore while DIIs net sold 495 crore on Aug 5
Balramchin and Deltacorp are under f&o ban for Aug 8
Brent crude dropped 0.8% to $94.18 a barrel
US markets ended mixed trend on last Friday
Dow ends higher 0.2% while Nasdaq ended lower on Friday
Dollar index rises to 106.6 as market prices in 75 bps rate hike by US FED
Asian markets mixed in early trade
Hangseng down 0.8% and Nikkei up 0.1%
SGXNifty indicates a marginally lower openings

NiftyFuture Trend Decider 17160 and 17660
Today NiftyFuture is facing a intraday resistance 17450, 17470 and 17520
NF was unable to close above 17500 and if comes seen selling pressure in last few days

On flip side, NF can be considered as supports as 17375 and 17330
If breaks and manages below 17330 will try to check 17250

Updated: 08.43 am / 08th Aug 2022