20th Dec 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18499.30 (+0.9%)

Indian equity market snapped a two-day losing streak to close almost a percent higher on December 19
NF was opened 18340 and made a low of 18308 then went to 18519
Sensex closed 468.38 points, or 0.76 percent, higher at 61,806.19
Nifty was up 151.50 points, or 0.83 percent, at 18,420.50
Except IT, which was down 0.5 percent, all sectoral indices ended in the green
Nifty auto, energy, infra, metal and FMCG were up a percent each
Midcap index rose 0.6 percent and smallcap index was up 0.3 percent
FIIs net sold 538 crore while DIIs net bought 687 crore on Dec 19
Balramchin, Irctc, Pnb, Ibullshsgfin, Bhel, Deltacorp and GNFC are under F&O ban
China keeps key lending rates unchanged
November aviation data : Domestic passenger traffic up 11% YoY, 2.4% MoM
Crude raises over hopes of China relaxing Covid restrictions
Brent crude above $80/bbl
Gold prices below $1790/oz as dollar index and yield make an upmove
US futures marginally lower following a close in the red for cash market
US frontline indices fell up 1.5%
Dow slips 164 points and S&P500 fell 1% for the straight 4th day
Tesla slipped 2.8% on Musk’s twitter poll
US 10-year bond yield rose 3.6% from 3.47%
Asian markets largely lower in early trade
Hangseng falls 1% and Nikkei up 0.2%

SGXNifty indicates a negative start for the index
NiftyFuture is facing a intraday resistance 18530 and 18560
If stays above 18560 then will try to check 18610
But, Stay caution at higher levels…. There is no strength at higher levels!!

On other side, NF can be considered as supports as 18460 and 18435
Below 18435, finding a next supports 18380 and 18300

Updated :08.46 am / 20th Dec 2022