22nd Aug 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19393.60 (+0.4%)

Indian equity indices erased the previous session’s losses and ended higher on August 21
Nifty was opened 19320 and made a low of 19296 then rallied up to 19425
Finally, Nifty was up 83.40 points or 0.43 percent at 19,393.60
Sensex was up 267.43 points or 0.41 percent at 65,216.09
Top gainers on the Nifty were BajajFinance, Adani Ports, Power Grid, Adanient and Hindalco
While losers included Reliance, M&M, Britannia Industries, SBI Life and BPCL
All the sectoral indices were trading in the green
Midcap and smallcap indices added nearly a percent each
Adani increase stake in flagship firm to 69.87% from 67.65%
FIIs net sold 1901 crore while DIIs net bought 626 crore on Aug 21
US markets ended mixed on Aug 21
Dow slipped to 0.11%, Nasdaq gained 1.56% and S&P500 rallied 0.69%
NVidiya shares surging over 8% ahead of earnings report
NVidiya stock rallied around 230% in the 2023
Stock price was opened $143 on first day of 2023 and ended $470 on Aug 22, 2023
US VIX down 1% to 17.13
Zoom shares rise more than 4% on strong earnings Q2
US 10-year yield climbs to 4.34% hits highest level since November 2007
US 2-year yield above 5%
Brent crude sustained $84/bbl
Gold prices sustained around 5 month low @ $1885/oz
Dollar index sustained around 103 to 103.50
Asian markets mixed in early trade
Hangseng climbs 0.5% and Nikkei up 0.8%

GiftNifty indicates a flat opening for the index
As per open interest 19400CE and 19300PE was seen highest OI
However, Nifty is facing a intraday resistance 19430 and 19465
If stays above 19465 will try to move 19530
But, Stay caution at higher levels!!

On other side, Nifty can be considering a supports 19350 and 19320
Below 19320 finding a next support around 19250

Updated: 08.42 am / 22nd Aug 2023