22nd Aug 2022 #Niftyfuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17759.50 (-1.2%)

On Friday, NiftyFuture was seen heavy selling pressure and index declined 1.2%
NF was opened 17980 then dropped to 17712. Finally ended at 17759
On last week, Sensex rose 183 points to close at 59,646
Nifty50 moved closer to 18,000, up 60 points at 17,758
Nifty Midcap 100 and Smallcap 100 indices gained 0.6 percent and 0.4%
FMCG, infrastructure, energy, and realty indices gained more than 1% each
Pharma, oil and gas, and banks closed in the red
FIIs Net buy 17970 crore so far August month
DIIs net sold 6052 crore so far this month
Fed to slow to 50 bps hike in Sept says Reuters
Dollar driver to five-week high by Fed rate hike forecasts
Balramchin, Tatachem and Deltacrop are under F&O ban for Aug 22
US markets ends with cuts on Friday
All frontline indices down 1% to 2%
Crude slips 1.5% for the week over fears of an economy slowdown
Asian markets lower in early trade on Monday
Hangseng and Kospi down nearly 1% each

SGXNifty indicates a negative opening for the index
Likely to witness highly volatile will be expected during the day
This week NiftyFuture Trend Decider 18000 and 17620

NiftyFuture was formed a big bearish candle on last session
However, NF is facing a intraday resistance 17800, 17840 and 17900
Stay caution at higher levels!!

On flip side, NF can be considered as supports as 17740 and 17700
Below 17700 finding a next supports 17650 and 17600

Updated: 08.48 am / 22nd Aug 2022