12th April 2021 #NiftyFuture Intraday Levels and Pre-market report

NiftyFuture last close: 14889.40 (-0.2%)

On 9 April, NF was seen range with volatile around 14850-14950

While updating SGXNifty falling more than 200 points

Maharashtra sees record high virus cases on yesterday 63294

In India virus cases surged more than 1.5 lakh per day

Last Monday was seen same sentiment and NF was fell up to 14490

Today TCS will be declaring earnings report after market hrs

INFY planning to buy-back and positive for IT stocks

Today watch-out for IIP data for Feb and Inflation data

Bank stocks continues to under-perform

US markets was closed record highs on Friday

Asian markets started cautions on Monday

FIIs net sold 1536 crore in cash segment while DIIs net bought 1129 crore in April month so far

 But both are not participate in aggressively

SGXNifty indicate a gap down opening for the index and likely to witness huge volatile will be expected during the day

Today NiftyFuture considering a supports 14780, 14690 and 14615

If sustains below 14615………. then try to check 14500 which was last Monday’s low

NF facing a resistance 14820-14900………. If rise can sell. Nothing else!!

Updated: 08.46 am / 12th April 2021