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

NiftyFuture last close: 17375.80 (-0.2%)

On Tuesday, Indian indices broken their three day winning streak to end flattish note

NF was opened 17372 and made a low of 17300 then shot up to 17449.95

Finally ended at 17375.80. Nifty50 was down 15 points

NiftyFuture was seen highly volatile on yesterday like more than 300 points movement

HDFC and Bhartiartl did very well to lift the index

IRCTC gained more than 1000 points in last few sessions

IT and Oil&Gas index fell 1.5% each

Midacp stocks particularly above 1000 rupees value stock was seen price action

FMCG stocks did well on yesterday

SEBI introduces T+1 settlement cycle for stocks on optional basis. The new rule will come into force on Jan 1, 2022

FIIs net sold 145 crore while DIIs sold 136 crore in cash segment

Ibullhsgfin and Nationalum are under the F&O ban for Sept 7

The Dow was down 275 points, S&P500 down 18 points and Nasdaq was flat note

NiftyFuture formed a small bodied bearish candle on daily scale and breached previous day’s low but did not sustained

NiftyFuture is facing a intraday resistance at 17420 and 17450

If sustains above 17450 will try to move 17500

NF can be considered as supports as 17360, 17335 and 17300

Yesterday low was 17300 and major support for today!!

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Updated: 08.55 am / 08th Sept 2021