09th Jan 2023 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17943.20 (-0.70)

On Friday, NF was seen highly volatile and ended 0.7% down
For the week, BSE Sensex lost 940.37 points or 1.54% to settle at 59,900.37
Nifty50 fell 245.85 points or 1.35% to close at 17,859.45
IT and Nifty Media declined 2.3%each
Nifty Bank lost nearly 2% and Realty fell 1.4%
Large-Cap, Mid-Cap and Small-cap indices fell 1.3%, 0.58% and 0.5%
FIIs remained sellers throughout the first week of 2023 as they sold Rs 7,813.44 cr
DIIs bought equities worth of Rs 2,756.58 crore
Government pegs FY23 GDP growth at 7%
TCS will announce its December quarter earnings report on today
US added 223000 jobs in December
Gold jumps to highest since June level
Spot gold jumped 1.9% to $1867/oz
US future higher and indicates a continued gains for the cash market
US markets ends with sharp gains on Friday
Frontline indices rise over 2% on Friday
US 10 year yield slips to 3.56% on the back of positive Dec jobs report
Brent crude hovers around $80/bbl
Asian markets higher as China reopens boders with HongKong
HangSeng index up 1%

NiftyFuture weekly trend decider 17830 and 18300
Today NiftyFuture is facing a intraday resistance 17970, 18020 and 18090
If breaks and manages above 18090 finding a next resistance 18140-18150

On other hand, NF can be considered as supports as 17920 and 17870
Below 17870 finding a next major support around 17830
Suppose if breaks 17830……… Expecting more sell-off

Updated: 08.37 am / 09th Jan 2023