08th June 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 15784.85 (+0.5%)

Nifty50 once again registered fresh record high of 15773 on Monday

As well as Sensex rose 228 points to close at record high of 52328

Many states announced easing restrictions which was helped to lift the index

Sector wise action was seen power, telecom, and energy stocks while profit booking was visible finance, realty and metals

Reliance did well and previous days lost

VIX below 16 and very low option premium

PM has announced clear view about vaccine issues to states and also announced free vaccination for all aged above 18

Oil fell 11 cents at $71.38 a barrel

Today EngineersIndia, Petronet and Maxfin will be declaring earnings report

FIIs net sold 186 crore value of stocks while DIIs net bought 983 crore in cash segment

US markets ended slightly lower on Monday

Dow down 126 points, S&P500 lost 3 points and Nasdaq fell 67 points

Asian markets were mixed opening for Tuesday

SGXNifty indicate a slightly positive for the index and likely to witness range-bound trade will be expected during the day

Niftyfuture formed a small bullish candle on the daily scale with forming higher highs- higher lows of the last four sessions which was indicated being bought on dip

NF is facing a intraday resistance 15820 and 15850, Thereafter will try to check 15890

On other side, NF considering a supports 15765, 15740 and 15700

More live market update will be sent to my clients only

Updated: 08.39 am / 08th June 2021