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

NiftyFuture last close: 15752.40 (-1.2%)

After a long time Bears have entered with full power (Maybe vaccinated.. haha)

Nifty50 and Sensex was fell biggest percentage in over two months

NF was opened 15770 and made a high of 15836 then slipped to 15705. In last 1 hour NF was recovered almost 50 points from day’s low

The final tally, Nifty50 was down 170 points and Sensex fell 580 points

I have recommended selling alert to my clients NF at 15825 and given target done 15750 at same time recommended 15900PE @ 115 and achieved target 190

HDFCBank was major dragged in bank index  as well as Nifty50

India volatility index rose 8.5%

Selling pressure was visible in Auto, Banks, Finance, Metals and IT stocks and buying action was seen realty stocks

The overall sentiment is : Global : Negative, FIIs : Negative, DII: Positive, F&O : Long unwinding, Trend: Mixed, Sentiment : Cautions

Under F&O ban stocks Suntv, Ibullhsfin, Pnb, Nmdc and Sail

US markets ended deep correction on Monday due to surge in Delta variant infections

Dow fell 725 points, S&P fell 68 points and Nadaq down 150 points

Asian markets fell 0.5% to 1% in Tuesday’s trade

Today result stocks  BajFinance, Asianpaints, Icicipruli and RIIL

FIIs net sold 2198 crore while DIIs net bought 1047 crore

SGXNifty indicate a negative opening for the index and likely to witness volatile will be expected during the day

NiftyFuture formed a bearish candle on daily scale on yesterday

However, NiftyFuture can be considered as supports as 15705, 15685 and 15640

Very strong support zone around 15640…………. Close watch.

NF is facing a intraday resistance 15785, 15810 and 15850

Stay caution at higher levels

More live market update will be sent to my clients only

Updated: 08.50 am / 20th July 2021