21st Jan 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17804.10 (-0.9%)

On Thursday, NiftyFuture was seen heavy selling pressure and losses for the third straight session
NF was opened 17950 then fell to 17694 then ended around 17812
The final tally was Sensex down 634 points while Nifty50 declined 180 points
Midcap and Smallcap index ended flat
IT and FMCG indices down 1% each
Metal index gained 0.5%
Bankindex declined 0.5%
Volatility index sustained around 17.75
Today’s result stocks Reliance, Hdfclife, Sbilife, Jswsteel, Bandhanbank, Gland, Pvr, and L&Tfin
Tomorrow (22 Jan) Icicibank will be declaring their earnings report
FIIs net sold 4680 crore while DIIs net bought 769 crore
On yesterday US markets was opened more than 1% gain
But, In end of the session US markets erased all gains and 0.9% down
Dow was down 313 points (0.90%) and Nasdaq was fell 187 points (1.3%)
Nasdaq was down more than 13% in last one month
Netflix down 20% due to decline in subscribers count
US 10 year bond yield rose 1.83%
Crude prices sustained around $86

SGXNifty indicates a gap down opening for the index and likely to witness highly volatile will be expected during the day
NiftyFuture was formed a bearish candle on consecutive third straight session
NF is facing a intraday resistance 17800, 17850 and 17900
If any rally can sell and don’t jump & buy!!

On flip side, NF can be considered as supports as 17740 and 17690
If stays below 17690….. then will try to check 17630 and 17550-17500

More live market update will be sent to my clients only
Updated: 08.42 am / 21st Jan 2022