21st May 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22466.10 (+0.28%)

On May 18, in the special trading session, the domestic markets extended in the green for the third straight session
Sensex and Nifty closing with 0.1 percent gains
Broader markets, meanwhile, outperformed benchmark indices
On weekly basis, Nifty & Sensex rallied around 1.85%
All index rallied on last week except FMCG
India VIX sustained above 20
US markets ended mixed on Monday
Dow lost 0.49%, Nasdaq rallied 0.65% and S&P500 flat note
NVidia will be release their earnings report on Wednesday
US 10-year yield above 4.5%
Crude fall below $84/bbl
Gold rises to all time high above $2415/oz
Silver also jumps above 100/gm
Dollar index below 105 mark
Asian markets were set to mixed in early trade
Nikkei up 0.15% and Hangseng down 2%

GiftNifty indicates positive opening for the index
Nifty this week trend decider 22600 and 22300
Today Nifty is facing a intraday resistance 22540 and 22600
If stays above 22600 will try to move 22660

On other side, Nifty considering a supports 22460 and 22420
Below 22420 finding a next support around 22360

Updated: 08.36 am / 21st May 2024