17th May 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 15842.60 (+0.4%)

On Monday, NiftyFuture was seen highly volatile but ended positive note
NF was opened 15830 then fell to 15750 again bounced to 15980 then dropped to 15770
Finally NF was ended 15842 and gained 0.4%
Sensex was up 180.22 points, or 0.34%, at 52,973.84
Nifty was up 60.10 points, or 0.38%, at 15,842.30
Nifty bank, auto, energy and PSU bank rose 1-3 percent
Selling pressure was seen in pharma, IT and FMCG names
LIC will make its debut on the stock markets on Tuesday 17 April
RBI may hike rates by 75 bps by August says SBI economists
Oil prices open lower as EU struggles to seal Russia import ban
WPI inflation will be released around 12pm
Today’s results stock : Bhartiartl, IOC, DLF, IRB, Dr Lal Path and STAR
FIIs net sold 1788 crore while DIIs net bought 1428 crore
GNFC, PNB and Ibullshsgfin are F&O ban for May 17
US markets ended mixed trend on May 16
Dow was up 27 points while Nasdaq ended 142 points down
Nasdaq index fell 28% from all time high
Europe markets was ended mixed closing
Asian markets were set to higher opening for Tuesday’s early trade
Nikkei up 54 points while HangSeng index gained 360 points
US 10-year bond yield fell below 2.9%
SGXNifty indicates a minor gains

SGXNifty indicates a positive opening for the index and followed by global cues
WPI (Wholesale Price Index) date will be a trend decider for today’s trade
Nifty 16000CE, 16100CE and 16200CE added more OI

However, NiftyFuture is facing a intraday resistance 15920 and 15980
If stays above 15980 will try to move 16050-16100
Stay caution at higher levels!!

On other side, NF can be considered as supports as 15780 and 15720
Below 15720 will try to check 15670 and 15600

Updated: 08.37 am / 17th May 2022