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

NiftyFuture last close: 16346.95 (+0.3%)

On Tuesday, NiftyFuture was seen range with volatility
NF was opened around 60 points down at 16240 and went to 16350
Then fell to 16260 again shot up to 16365. Ended with positive bias
Sensex was up 246.47 points, or 0.45 percent, at 54,767.62
Nifty was up 62 points, or 0.38 percent, at 16,340.50
Except oil & gas, all indices ended in the green
The realty index rose 2.6%. Auto, power and bank indices gained 0.5-1%
Midcap and smallcap indices adding 0.5 percent each
Brent crude ended at $107 a barrel
Hindunilvr beat estimates and announced 14% higher profit
Today’s result stocks Wipro, Indusindbank, Havells, Ceat, Gland, Mastek and Tatcomm
FIIs net bought 976 crore while DIIs net sold 100 crore
Deltacorp are under F&O ban for July 20
US future market higher on Wednesday early trade
US markets ended sharp higher & Fronline indices up 2% to 3%
All 3 indices traded above 50 DMA for the first time since April
Netflix surged 7% after better than expected Q2 earnings
Bitcoin settled above $23000
Asian markets higher on positive global cues
Hangseng up 2% and Nikkei up 2.5% on Wednesday early trade

SGXNifty indicates a gap up opening for the index
NiftyFuture is facing a intraday resistance 16430, 16460 and 16530
Once if breaks and manages above 16530 will try to move 16600

On other hand NF can be considered as supports as 16360, 16320 and 16250
If there is any declines can add

Updated: 08.50 am / 20th July 2022