14th May 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 14710.05 (-1.1%)

On Thursday, NiftyFuture was opened high of 14842 then slipped up to 14663

I have written last Sunday NF trend decider level 15050. Do you know NF made a high of 15023 on Monday and slipped to 14700 on Wednesday

Yesterday SGXNifty was melted up to 14460 and now bounced-back to 14675 around

US markets recovered half of the percent in yesterday

Dow Jones rose 433 points, Nasdaq climbed 93 points and S&P500 gained 49 points

Asian markets are recovered in Friday’s session

March IIP expands 22.4%

CPI inflation for April came in at 4.29% the lowest in three months Vs 5.52% in March

Today L&T, Drreddy, Cipla, and Balkrishind going to declare earnings report

FIIs and DIIs sold 1260 crore, 704 crore respectively in cash segment

BHEL, Cadilahc, Canbank, Pnb, and Suntv are under the F&O ban for May 14

SGXNifty indicates a 20-50 points negative opening for the index

Today NiftyFuture is facing a intraday resistance 14710, 14750 and 14790

If stays above 14790, Then will try to move 14850……. But stay caution at higher levels

Today NF can be considered as supports as 14660, 14620 and 14560

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.54 am / 14th May 2021