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

NiftyFuture last close: 17566.15 (-1.8%)

On Friday, NiftyFuture was seen huge selling pressure
NF was opened gap down at 17805 and fell up to 17526
Nifty50 plunged nearly 350 points to 17531
Sensex was down 1100 points to 58841
All indices were fell around 1% to 3.5%
Banknifty index fell around 1.5%
IT index was down around 8% in the last week
Infy nearby 52-week low
Govt reduces windfall tax on crude oil to Rs 10500 from Rs 13000 a tonne
Windfall tax on diesel reduced from Rs 13 to 10 per litre
Windfall tax on ATF reduced from Rs 9 to 5 per litre
FIIs net sold 1922 crore in the last week
DIIs net sold 2935 crore in the last week
Adanipower withdraws delisting offer proposed in 2020
Goldman cuts US growth forecast for 2023 after rate path change
Oil prices climb on weak dollar
Brent crude rose $1.15 to $92.50/bbl
Ibullhsgfin, Indiacem, Pvr and Rblbank are under F&O ban for Sept 19
US future mixed trend in the Monday morning trade
US market ends lower on Friday, Frontline indices slip around 1%
US 10-year bond yield hovers around 3.45% ahead of Fed’s Sept meeting
Asian markets lower in early trade
Hangseng and Kospi falls around 1%
SGXNifty indicates a flat opening for the index

NiftyFuture weekly trend decider 17400 and 18100
NF was formed a big bearish candle on last session
Today NF is facing a intraday resistance 17590, 17620 and 17660
If trades above 17660 then will move to 17720
But, Stay caution at higher levels!!

On flip side, NF can be considered as supports as 17520 and 17480
If breaks and manages below 17480 will try to check 17400

Updated: 08.49 am / 19th Sept 2022