17th Feb 2021 #NiftyFuture Intraday Levels and Pre-market report

NiftyFuture last close: 15330.25

Very tough fight was seen Bulls Vs Bears. But market closed almost flat on Feb 15

NF was opened 15373.95 and went to 15430 then slipped up to 15246 and settled at 15332

Sensex hit a record high of 52516 while Nifty50 hit a life time high of 15431

Sensex closed with losses of 50 points while Nifty50 closed at flat

Action was seen healthcare while profit booing visible in auto, banks, finance and realty stocks

Volatility index almost flat

Specified stocks rally continued.  Day before yesterday finance  stocks and yesterday pharma stocks

Bitcoin breached $50,000

US marked ended with mixed trend. Dow Jones rose 64 points and Nasdaq fell 48 points

Asian markets were set to mixed trend on Wednesday

FIIs net bought 1144 crore value of stocks in cash segment while DIIs sold 1559 crore

SGXNifty indicate a negative opening for the index and likely to witness volatile trade expected during the day

NiftyFuture formed a small bodied bearish candle on the daily chart but forming a higher highs from the last four sessions

However, NiftyFuture can be considered as supports as 15280, 15250 and 15220

If breaks and sustains below 15220………Expecting further weakness up to 15150-1510

On other hand, NF is facing a intraday resistance 15330, 15365 and 15400

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Updated: 08.39 am / 17th Feb 2021