17th Oct 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19731.75

On October 16, the benchmark indices ended on a negative note in a volatile session
Sensex falling 115.81 points or 0.17 percent to 66,166.93
While Nifty was down 19.20 points or 0.10 percent to close at 19,731.80
All sector wise seen range only
VIX sustained around 11
HDFC Bank on October 16 reported a net profit of Rs 15,976.11 crore in the July-September quarter
Jio Financial Services Q2 net profit jumps 101% QoQ at Rs 668 crore
FII sold shares worth Rs 593.66 crore
DII bought Rs 1,184.24 crore worth of stocks on October 16
The NSE has added GNFC, and MCX India to its F&O ban list for October 17
While retaining Balrampur Chini Mills, BHEL, Delta Corp, Hindustan Copper, Indiabulls Housing Finance
India Cements, Manappuram Finance, Punjab National Bank, SAIL, and Sun TV in the ban period
US markets ended sharply higher on Oct 16
Dow gained 0.93%, Nasdaq added 1.2% and S&P500 rallied 1%
US VIX fell 11% to 17.21
Pfizer rises 4% after Jefferies upgraded company
US President Joe Biden to visit Israel on Wed then to Jordan
Brent crude below $90/bbl
Gold prices sustained around $1915/oz
Asian markets open largely higher
Hangseng and Nikkei up around 1%

GiftNifty indicates gap up opening for the index
Nifty is facing a intraday resistance 19755 and 19780
If breaks and manages above 19780 will try to move 19830-19850

On flip side, Nifty considering a supports 19725 and 19700
Below 19700 finding a next support around 19650

Updated: 08.42 am / 17th Oct 2023