15th April 2021 #NiftyFuture Intraday Levels and Pre-market Report

NiftyFuture last close: 14541.15 (+1.4%)

On Tuesday, Market rebounded sharply in the second half of the session

NF was opened 14388 and went to 14475 then slipped up to 14330 again went to 14563

The final tally was NF gained 1.4% and Sensex was rallied 660 points to 48544

On Monday NF was fell 550 points and Tuesday climbed 200 points

Banking stocks was rebounded, especially Hdfcbank, Axisbank and Icicibank gained more than 3%

IT stocks was seen major dragger on last session

INFY announced below estimation earnings report &  buy-back shares Rs 1750 in open market. It is not good for retail investors

Maha Govt announced Janatha curfew and there is no impact in market as well as Covid-19 virus spreading

India announced there is no way to implement full lock-down that is the reason SGXNifty climbed on yesterday more than 250 points

But, as per global cues and INFY result SGXNifty erased 100 points gains but right now SGX up by +150

US markets closed with mixed trend on Wednesday

Asian markets were set to opened mixed on Thursday

Bitcoin breached $64000 level for the first time

Today WIPRO will be declaring earnings report

FIIs net sold 730 crore while DIIs bought 243 crore in cash segment

SGXNifty indicates a 75 to 100 points gap up for the index and likely to witness huge volatile will be expected during the day

NiftyFuture has formed a bullish candle but index did not break previous day’s high or low on Tuesday

NF is facing a intraday resistance 14620, 14640 and 14690 which was Monday’s high

If breaks and sustains above 14690…….. Then will move 14750.

But stay caution at higher levels!!

NF if sustains below 14540…………. Will try to check 14500 and 14440

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.50 am / 15th April 2021