13th April 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17576.80 (-0.8%)

On Tuesday, NiftyFuture was opened gap down and ended 0.8% lower
NF was opened 17600 then slipped to 17500 again went to 17575 then slipped to 17482
Finally NF was spiked from 17482 to 17635 in last one hour
The final tally was Sensex down 400 points and Nifty50 declined 145 points
Except bank index other all index ended in red
Oil settles up on Shanghai lockdown easing and Russian production cuts
Brent oil rose $6 to settle at $104.65 a barrel
US inflation jumped to 8.5% highest since 1981
IIP growth edges up to 1.7% in Feb from 1.5% in Jan
CPI Inflation went to 17 month high of 6.95% in March from 6.07% in Feb
Infy goint to declare their earnings report on post market hours
HDFCBank will be announcing their report on April 16
FIIs net sold 3128 crore while DIIs net bought 870 crore
RBL Bank is under the F&O ban for April 13
US market erased the intraday gain on April 12
Down fell 87 points, Nasdaq fell 40 points
Asian markets were set to higher opening for Wednesday’s early trade

SGXNifty indicates a positive opening for the index
Likely witness highly volatile will be expected during the day due to weekly expiry
NiftyFuture is facing a intraday resistance 17600 and 17625
If stays above 17625 will try to check 17660-17700
But, stay caution at higher levels!!

On other side, NF can be considering a supports 17550, 17525 and 17480
Below 17480……… expecting more pain

Updated: 08.55 am / 13th April 2022