18th Oct 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17300.30 (+0.6%)

On Monday, NiftyFuture was rallied from day’s and gained around 0.5%
NF was opened 17155 and made a low of 17100 then spiked to 17324
Sensex rose 491 points or 0.85 percent to reach 58,411
Nifty moved higher by 126 points or 0.73 percent to close at 17,312
Nifty PSU Bank index roared today and was up 3.47 percent
Private Banks and Financials were up more than one percent each
Nifty Auto and Oil & Gas indices were up close to 0.7 percent each
VIX settled around 18.30
India retail inflation set to ease from Sept highs- RBI
Today result stocks IciciGI, Kpittech, LTTS, GujaratFluro and HFCL
FIIs net sold 372 crore while DIIs net bought 1582 crore
Brent crude settled around $91.75 / bbl
Dollar dips as UK budget U-turn improves market sentiment
Deltacorp, Ibullshsg and Indiacem are under f&o ban for Oct 18
Gujarat Govt on Oct 17 announced & cut VAT prices on CNG and PNG by 10%
Russia to lower oil export duty to $42.7/Tonne from November 1
BOE CEASED ALL BOND BUYS ON FRIDAY 14 OCTOBER
Bumper debut for Electronic Mart after their new listing. The company lists at 50% premium
Nokia wins multi-year deal from reliancejio to build 5G network
CHINA IS TO DELAY MAJOR ECONOMIC DATA RELEASE SCHEDULED IN OCTOBER
US market sees a relief rally on Monday, Frontline indices rise up to 3% to 3.5%
Nasdaq surges around 3.5% to post its best day since July 27
Bank of America rises more than 6% following better than exected Q3 results
US 10-year bond yield slips to 3.98% on strong quarterly bank earnings
European market ended higher as UK FM reserves nearly all tax cuts
Asian markets higher tracking positive global cues
HangSeng index rises 1%

SGXNifty indicates a gap up opening for the index
NiftyFuture is facing a intraday resistance 17335, 17360 and 17425
If breaks and manages above 17425 finding a next resistance 17500-17550

On flip side, NF considering a supports 17280, 17250 and 17200

Updated: 08.16 am / 18th Oct 2022