22nd April 2021 #NiftyFuture Intraday Levels and Pre-market report

NiftyFuture last close: 14296.20

On Tuesday, NiftyFuture was opened gap up but bears have dominated and erased all gains in the last 2 hour of trade and finally settled at half percent loss on April 20

NF was opened 14502 and went to 14532 thereafter slipped up to 14225 and finally settled at 14296

The Sensex was down 243 points to close at 47705 while the Nifty50 fell 63 points to close 14296.40

I have recommended two PE option and both achieved given targets and money doubled

Yesterday morning SGXNifty was touched almost 14000 scale and now trading at 14200

Traders remained cautions about growth amid consistent increasing virus cases

Maha Govt announced tight curfew on yesterday

Option premium was closed at higher levels despite of flat VIX

Huge CE writing was seen 14500CE which was added 4.81 lakh contract

Day before yesterday US market closed at more than 1.5% fall and yesterday US markets recovered previous day’s loss

US Dow added 0.93% and Nasdaq gained 1.19%

Asian markets rose in Thursday’s morning trade

FIIs sold 1082 crore while DII bought 1323 crore value of stocks

NiftyFuture has formed a hammer candle pattern  on the daily scale and Index formed lower top and lower bottom in the last 6 sessions

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

Today NiftyFuture can be considering a supports 14210, 14170 and 14120

If breaks and holds below 14120………. Will try to check 14050-14000

NF is facing a intraday resistance 14240, 14280 and 14320

More live market update will be sent to my clients only

Updated: 08.47 am / 22nd April 2021