19th Oct 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17502 (+1.2%)

On Tuesday, NF was seen very range with positive bias
NF was opened gap up at 17450 and went to 17538 then consolidated around 17480
Sensex was up 549.62 points or 0.94 percent at 58,960.60
Nifty was up 175.20 points or 1.01 percent at 17,487
Nifty Bank, Auto, Energy, FMCG, PSU Bank, IT and Metal were up 1-4%
Midcap index gained 1% and the smallcap index was up 0.7%
Today’s result stocks Indusindbank, Ultracemco, HdfcAMC, Nestle, AUBank,Havells, Metrobrand, Max, Persistent and Syngene
FIIs net sold 153 crore while DIIs net bought 2084 crore
Deltacorp, Ibullshsg and Indiacem are under F&O ban for Oct 18
Ultracem Q2 PAT may decline 27% on year as spurt in power and fuel costs impact margins
US manufacturing output rises more than expected in Sept
US factory output solid in Sept
Wall street stocks closed higher and Tresury yields dipped on Tuesday
Dow Jones rose 1.12%, S&P500 gained 1.15% and Nasdaq index added 0.9%
US future indicate continued gains
Netflix up 14% in extended trading after company adds more than expected subscribers in Q3
European markets continue to edge higher
CAC up 0.5% and DAX index was up 1%
Crude inches lower as demand supply concerns persist
Brent crude settled around $90
Gold rises to $1660/oz as dollar slips below 112 against a basket of currencies
Asian markets mixed in early trade
Hangseng down 0.6% and Nikkei up 0.8%
SGXNifty indicates a flat opening for the index

As per open interest 17500CE added more OI on yesterday closing basis
Nifty spot if sustains above 17530, Huge trouble for CE writers!!
However, NF is facing a intraday resistance 17530 and 17560
If stays above 17560 will try to check 17620

On other hand, NF can be considered as supports as 17460 and 17440
Below 17440 finding a next support around 17380

Updated: 08.38 am / 19th Oct 2022