11th March 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close :16611.90 (+1.5%)

On Thursday, NiftyFuture was seen highly volatile but ended 1.5% gain
NF was opened 300 points gap up at 16730 then fell to 16650 again shot up to 16750 then fell vertically to 16450 again shot up to 16650
Too much volatility on Thursday
But, Nifty50 ended higher 1.5%
Sensex gained 817 points to 55464 while the Nifty50 climbed 249 points to 16595
All index shot up to 1% to 2.5% higher
FIIs net sold 1981 crore while DIIs net bought 4818 crore
US inflation at fresh 40 year high
The CPI shot up 7.9% the biggest YoY increase since Jan 1982
Oil extends losses and fell $2 a barrel
US markets ended lower on Thursday
Dow fell 0.35%, S&P500 lost 0.43% and Nasdaq declined 0.95%
Asian markets slipped in Friday morning trade

SGXNifty indicates negative opening for the index
Likley to witness highly volatile will be expected during the day
NiftyFuture is facing a intraday resistance 16660 and 16700
If breaks and holds above 16700 will try to check 16750 and 16800
Above resistance are strong zone!!

On flip side, NF can be considered as supports as 16550 and 16500
If stays below 16500, finding a next supports 16450 and 16360

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Updated: 08.46 am / 11th March 2022