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

Niftyfuture last close: 15810.75 (-2.3%)

On Thursday, NiftyFuture was opened gap down at 16000 then fell to 15733
In last 40 minutes NF has bounced almost 80 points from day’s low
Sensex was down 1,158.08 points, or 2.14%, at 52,930.31
Nifty was down 359.10 points, or 2.22%, at 15,808
Capital goods, auto, bank, metal, oil & gas, power, FMCG, healthcare and realty indices were down 1-4 percent
Midcap and smallcap indices shed 2% each
CPI inflation surges to near 8-year high of 7.79% in Apri
IIP growth edges up to 1.9% in March from 1.5% in Feb
Tatamotors Q4 net loss narrows to Rs 1032 crore sales slump 11.5% YoY
L&T Q4 consolidated PAT rises 10% YoY to Rs 3621 crore, revenue grows 10%
Oil climbs even as weaker demand concerns cap gains
Brent crude up 0.9% at $108.45 a barrel
FIIs net sold 5255 crore while DIIS net bought 4815 crore
US markets ended marginally lower on Thursday
Dow down 103 points while Nasdaq gained 6 points
Asian markets were set to higher opening for the Friday’s early trade
Japan Nikkei market up 1.2% and Australian shares were up 1.6%
SGXNifty indicats gap up opening like 150-200 points

SGXNifty indicates a gap up opening for the index
Nifty (spot) was came nearby recent support (March 8th low was 15670) then bounced and ended around 15800
However, NiftyFuture is facing a intraday resistance 15890, 15950 and 16040
If breaks and manages above 16040 will try to move 16100
But, Stay caution at higher levels

On flip side, NF can be considered as supports as 15800, 15730 and 15670
Below 15670……… Who will save the market ?

Upated: 08.50 am / 13th May 2022