16th Nov 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close :18141

On Monday, NiftyFuture was opened gap up to 18200 but did not sustained opening gain
NF was erased intraday gain and ended almost flat note
NF was seen range with volatile on Monday
Metal index and PSUBank index slipped 1.5% to 2.5%
Pharma index gained 2%
Midap gained 0.4% and Smallcap index slipped 0.5%
Oil prices drop on demand worries and ended $81.96 a barral
Gold hits 5 month high as inflation worries
Fiis and DIIs both bought on yesterday 424 crore and 1525 crore respectively
Nine stocks under F&O ban. Bob, Escorts, Bhel, Ibullshsgfin, Irctc, Nalco, Pnb, Sail and Suntv
US markets ended flat on Monday
Dow fell 12 points and Nasdaq dropped 7 points
Asian markets were mixed trend on Tuesday’s opening

SGXNifty indicates a positive opening for the index
Likely to witness range with volatile trade will be expected during the day
NiftyFuture is facing a intraday resistance 18175, 18200 and 18240

On other side, NF considering a supports 18100, 18075 and 18030

Updated: 08.46 am / 16th Nov 2021