10th Aug 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19632.55 (+0.3%)

On Wednesday, Nifty was recovered and erased the intraday losses finally ended in the green
Nifty was opened 19580 then fell to 19470 again shot up to 19645
Finally Nifty closed 61 points gain to 19632
Sensex gained 149 points to 65995
FIIs made buying for the first time in the last 10 consecutive sessions
They bought 644 crore while DIIs net sold 598 crore
RBI Policy outcome at 10 am and focus on RBI’s Governor comments
US Futures higher following a close in the red for cash market
Dow dropped to 0.55%, Nasdaq slipped to 1.17% and S&P500 declined to 0.7%
US VIX sustained around 15.50 to 16
NVidiya and Quallcomm down nearly 1.5% to 4% after the Downgraded chip company by Japan credit rating agency
Disney added 2.5% after hours announcing the price hike
US 10-year yield slips to 4.01%
Brent crude around $87/bbl
Gold prices slide below $1920/oz as strength in the dollar index continues
Dollar index sustained around 102.44
Asian markets mixed in early trade
Hangseng falls 0.5% and Nikkei up 0.5%

GiftNifty indicates a negative opening for the index
However, Nifty is facing a intraday resistance 19665 and 19685
Above 19685 will try to move 19730

On flip side, Nifty can be considered as supports as 19600 and 19580
Below 19580 finding a next support around 19535

Updated: 08.45 am / 10th Aug 2023