20th April 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 14374.15 (-1.9%)

As expected Niftyfuture was opened lower on 19th April and the recovery was seen in the last one hour

NF was opened at gap down 14399 and made a low of 14213 then recovered almost 175 points from day’s low and finally settled at 14383

Sensex fell 882 points to closed 47949 while the Nifty50 closed at 14359 with losses of 258 points

Sectorally selling pressure was seen public sector, banks, power and realty while buying action was seen in pharama stocks

Investors worried about surging of virus cases in across the country

Many states announced night curfew and Delhi announced full lock-down in 6 days

India VIX shot up to 10%

Govt to open up vaccination for everyone above 18 from May 1

US markets closed lower on Monday. Dow Jones fell 123 points, Nasdaq down 138 points

Asian markets were set to mixed in the morning of April 20

FIIs net sold 1633 crore while DIIS bought 2355 crore in cash segment

SGXNifty indicate a positive opening for the index and likely to witness huge volatile will be expected during the day due to holiday on tomorrow

NiftyFuture was recovered almost 150 points from day’s low and DIIs pumping more than 2000 crore but only thing sentiment sees cautions!!

March series Nifty was closed around 14325 and yesterday NF was at 14375. Just 7 sessions are there in April series.

Today’s NF is facing a intraday resistance 14410, 14430 and 14485

If stays above 14485………. Will try to move 14530-14560 levels…….. But

Stay caution at higher levels!!

Today NF considering a supports 14340, 14300, 14250 and 14210

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.46 am / 20th April 2021