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

NiftyFuture Last Close: 15209.30

NiftyFuture was consolidated 15150 to 15250 on Wednesday and finally settled at 15209

While updating SGXNifty indicate huge gap up like more than 200 points

In every f&o new series market was seen huge selling pressure on first one week new series then recovered and went to series high

Like, Two weeks back same Friday (March series first day) Nifty was fell more than 500 points and came nearby 14550. Now 15400

India VIX down almost 10% on Wednesday

Dow Jones and S&P500 indices hit all time highs on March 11 while the bigger than expected fall in weekly jobless claims

Dow Jones rose 188 points, S&P500 gained 40 points and Nasdaq added 330 points

US President Joe Biden signs USD 1.9 trillion Covid-19 relief bill

Asian markets were set for strong opening on March 12

FIIs net sold 15 crore while DIIS bought 447 crore on 10th March

4 stocks under F&O ban on NSE. BOB, PNB, Sail and Suntv

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

NiftyFuture is facing a intraday resistance 15320 which was indicated last week high

If crossover 15320 and manages above the level, expecting rally up to 15370, 15440 and 15500

On other side NF finding a support 15200, 15170 and 15130

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.53 am / 12th March 2021