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

NiftyFuture last close: 15769.45 (-2.8%)

On Thursday, NiftyFuture was slipped more than 2.5% due to weak global cues
NiftyFuture was opened gap down almost 400 points at 15930 and fell up to 15740
After a gap-down start, the benchmark indices remained in negative terrain throughout the session
Finishing near the day’s low point at 15769
Sensex was down 1,416.30 points or 2.61% at 52,792.23
Nifty was down 430.90 points or 2.65% at 15,809.40
Markcap lost Rs 6,58,257.76 crore on May 19
Information Technology index falling 5.7% and the Metal index declining 4%
Auto, Bank, Healthcare, Oil & Gas, and Realty indices lost over 2 percent each
Midcap and smallcap indices lost over 2 percent each
VIX sustained around 24
Sugar exports up 64% to 71 lakh tonnes during Oct 2021 to April 2022
Today’s result stocks Paytm, Ntpc, Amarajabat, Ibullshsgfin and Pfizer
FIIs net sold 4899 crore while DIIs net bought 3225 crore
Four stock under F&O ban: Deltacorp, Gnfc, Ibullshsgfin and Pnb
US markets ended lower on Thursday
Dow declined 0.75%, Nasdaq down 0.25% and S&P500 dropped 0.58%
Asian markets jumped in early trade on Friday
China cut its five year loan prime rate (LPR) by 15 basis points on Friday
The US dollar index fell 1% to 102.79 to post a fresh 2 week low
European markets close lower over inflation concerns
Crude inches higher and Brent above $111.5/bbl as China mulling easing restrictions

Niftyfuture formed a big bearish candle on 19 May
SGXNifty indicates a gap up opening for the day
Likely to witness highly volatile will be expected during the day
However, NiftyFuture is facing a intraday resistance 15850, 15920 and 16050
Above 16050 will try to move 16125….. But stay caution at higher levels!!

On other side, NF can be considered as supports as 15800, 15760 and 15700
Below 15700 will try to check 15600 levels

Updated: 08.41 am / 20th May 2022