12th May 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture Last Close : 14878.25

On Tuesday, NF was opened 14798 and went to 14939 again slipped to 14860 in whole day NF was seen range with volatile

The final tally was Sensex declined 340 points while Nifty50 slipped 90 points

Midcap and Smallcap stocks seems shining on last few sessions

Many stocks (Adani gas, Adani green, Cholafin, Adanient, BEL and Sbicards) added in MSCI and excluding Zeel

Today Lupin, Asianpaints, Jindalstel, Voltas, Tatapower and more companies will be declaring earnings report on today

US markets ended in almost one month low on Tuesday

Dow jones declined 1.4% and S&P500 fell 0.9%

Today inflation data will be releasing in USA, It will impact on Friday (Tomorrow is a holiday)

Moody’s cuts India FY22 GDP growth forecast sharply to 9.3%

Four stocks under F&O ban. Canbank, NationalAlum, Pnb, and Suntv

FIIs sold 336 crore while DIIs sold 676 crore in cash segment

SGXNifty indicate a flattish opening for the index and likely to witness volatile will be expected

Today NiftyFuture is facing a intraday resistance 14910 and 14940

Above 14940 and holds above the level……….. Finding a next resistance 14975-15010

NF can be considered as supports as 14850, 14825 and 14785

Below 14785………. expecting more pain

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Updated: 08.48 am / 12th May 2021