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

NiftyFuture last close: 17684.95 (+0.7%)

On Thursday, NiftyFuture was opened gap up and sustained opening level
Finally NiftyFuture was ended 17685.95 with 0.7% higher
Nifty50 gained 124 points to 17659
Sensex ended 515 points gain to 38879
Bank Nifty index rallied more than 500 points to 38879
Axisbank, Bajajfinance, Hdfc and Techm was seen fresh buying
While Tataconsumer, Apollohosp and ITC was seen selling pressure
Today’s result stock Heromotoco, Ongc, Grasim, HAL, Suntv, PFC and Zeel
Oil price rises as IEA hikes 2022 demand growth forecast
Brent crude gained $1.30 to ended $98.70 a barrel
Fed officials say more rate hikes needed, despite slowing inflation
FIIs net bought 2298 crore while DIIs net sold 729 crore
Deltacorp and Balramchi are under F&O ban for Aug 12
Today evening IIP data and Inflation figure will be out around 5.30 pm
US markets ended mixed on Aug 11
Nasdaq down 0.6% while Dow and S&P500 gained 0.01% each
US 10-year bond yield rises to 2.88% on better than expected CPI
European markets close mixed trend CAC down 0.4% and FTST up 0.6%
Gold prices hower around $1780/oz on prospects of more FED rate hikes
Asian markets mixed in early trade
Japan Nikkei surges 2.3% (Yesterday Nikkei was shut)
Hangseng index off 70 points
SGXNifty indicates a flat opening for the Indian market

NiftyFuture is facing a intraday resistance 17710, 17735 and 17760
As per the trend line NF will facing a strong resistance around 17750-17800
Suppose if breaks and manages above 17800 (today or next week) will try to move 18100 for positional

On flip side, NF can be considered as supports as 17660, 17640 and 17600

Updated: 08.58 am / 12th Aug 2022