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

NiftyFuture last close:17974.10 (-0.8%)

On Wednesday, NiftyFuture was opened gap down and fell more than 170 points
NF was opened 18080 then fell to 17906 and finally ended at 17976
The final tally was Nifty50 fell 175 points while Sensex was down 656 points
The weak global cues, high crude prices and bonnd yield
Midcap index fell 0.3% and smallcap index ended flat
IT and FMCG index fell 1% to 2%
Volatility index ended flat around 17.50
PSUBank index gained 2.2% on 19th Jan
Today’s result stocks HUL, Asianpaints, Biocon, Havells, Pnbhousing, Mphasis, and Centurytex
FIIs net sold 2704 crore while DIIs net sold 195 crore
Reuters Poll : FED to raise rates three times this year to tame unruly inflation
UK consumer prices rise at fastest pace in almost 30 years
UK consumer price index to 5.4% that is highest rate since March 1992
US markets main indices ended sharply lower on Wednesday
Nasdaq confirmed it was in a correction mode
Nasdaq ended down 10% in the last one month
Dow fell 339 points and Nasdaq down 166 points

SGXNifty indicates a negative opening for the index
As per OI, Highest OI added in CE side and PE side there is no significant OI

NiftyFuture is facing a intraday resistance 18000, 18040 and 18100
Stay caution at higher levels!! Don’t jump and buy!!
NiftyFuture can be considered as supports as 17940 and 17900
Below 17900 will try to check 17860 and 17800

Updated: 08.47 am / 20th Jan 2022