10th Aug 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

Last close: 17557.75 (+0.8%)

On Monday, NiftyFuture was shined and rallied around 1%
NiftyFuture was opened 17410 and went to gradually up to 17584
The finaly tally was Sensex rallied 465 points and Nifty50 rose 128 points
Banknifty shot up to 1.2%
Smallcap and Midcap stocks marginally gained
Hdfc twins was contributed more than 40 points to lift the index
Reliance and Bajajfinsv gained and supported to the index
VIX sustained around 19
Brent crude sustained around $96
Today’s result stocks are Coalindia, Eicher motor, Hindalco, Irctc, Tataconsumer and Gleanmark
FIIs net bought 1449 crore while DIIs net sold 140 crore
China CPI inflation up 2.7% vs poll of 2.9%
US future trading with minor gains after a closes in the red of cash segment
US markets ended lower for third straight session
Semiconductor chip stocks remain under pressure and Nasdaq down 1.2%
European markets ended largely lower
Asian markets were set to lower for Wednesday’s early trade
SGXNifty indicates minor cut for the index

As per open interest data showing 17400PE seems highest OI whereas 18000CE seems highest open interest
However, NiftyFuture is facing a intraday resistance 17575 and 17620
If breaks and manages above 17620 will try to check 17680

On flip side, NF can be considered as supports as 17520, 17490 and 17440
Below 17440, Expecting selling pressure up to 17350

Updated: 08.43 am / 10th Aug 2022