15th Sept 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18020.40 (-0.5%)

On Wednesday, NiftyFuture was rallied 200 points from day’s low
NF was opened huge gap down at 17850 and went to 18110 then slipped to 18020
Indian market seems very strong despite the weak global cues
Nifty was down 66 points to ended at 18003.80
Sensex dropped 224 points to ended 60346.97
IT index fell around 3.5%
Metal, Pharma, Bank and Psubank did very well
Banknifty rallied more than 1200 points from day’s low
Bank index just 300 away from all time high
VIX shot up 5% to 18.50
WPI inflation drops to 11-month low of 12.41% in August
US Wholesale inflation declines in August to still high of 8.7%
Oil rises on weakning dollar
Tamilnad Mercantile Bank to make market debut today
Japan posts record trade deficit in August as energy imports soar
FIIs net sold 1397 crore while DIIs net bought 187 crore
IBullshsgfin, Deltacorp and RBLBank are under f&o ban for Sept 15
Fitch cuts India’s GDP growth forecast for FY22/23 to 7% from 7.8%
Crude inches higher on demand, Supply concerns and Brent above $93
Gold prices hover below $1700/oz as dollar & bond yields rise
Asian markets higher in early trade
Hangseng up 0.7% and Nikkei up 0.4%
SGXNifty trades higher and Indicates a start with gains for the Indian market

SGXNifty indicates a positive opening for the index
Likely to witness highly volatile will be expected during the day

NiftyFuture is facing a intraday resistance 18070 and 18125
If breaks and manages above 18125 will try to move 18180-18200

On other side, NF can be considered as supports as 17970 and 17940
Below 17940 finding a next supports 17900 and 17840

Updated: 08.55 am / 15th Sept 2022