12th April 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17723.95 (-0.9%)

On Monday, NiftyFuture was seen highly volatile like W shape formation
NF was opened 17780 then fell to 17690 again went to 17830 then slipped to 17700
The final tally was Sensex ended 483 points down while Nifty50 fell 109 points
Power index gained more than 5%
Smallcap and Midcap index ended marginally higher
TCS has announced inline with expectations result on yesterday post market hours
TCS net profit rises 7% YoY to Rs 9926 crore and Revenue grows to Rs 50591 crore
Company declared final divdent Rs 22 per share
Deltacorp and RBLBank under F&O ban for April 12
FIIs net sold 1145 crore while DIIs net bought 486 crore
US Future down more than 100 points early trade on Tuesday
US major indices close Monday’s session 1% to 2% lower
US 10 year yield continues to move higher, Rises to a fresh 3 year high of 2.8%
US dollar index moved higher tracking rising yield
Crude slips to nearly 2 months low
Asian markets lower tracking Covid situation in China
Japan’s Nikkei down more than 1%

SGXNifty indicates a deep cut around 150 points for the index
NiftyFuture is facing a intraday resistance 17735, 17765 and 17840
Above resistance are strong crucial for today’s trade!!

On flip side, NF considering a supports as 17675 and 17640
Below 17640 will try to check 17550-17575

Major support around 17500 as per OI

Updated: 08.43 am / 12th April 2022