22nd Dec 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18275.90 (-0.8%)

On Wednesday, NiftyFuture was seen highly volatile and ended Dec month low
Indian market which got caught in the negative sentiment after opening on a strong note
NF was opened 18470 and went to 18515 then slipped to 18223
Sensex was down 635 points, or 1.03 percent, at 61,067
Nifty lost 186 points or 1.01 percent, to end the volatile day at 18,199
Barring healthcare and IT, all sectoral indices ended in the red
Nifty Pharma was up 2.4 percent, while Nifty IT edged higher by half a percent
Metals and financials were the top losers, down more than 2 percent each
Realty and autos ended 1.6 and 1.4 percent lower
Midcap down 1.4% and Smallcap down 2.25%
Banknifty 1.7% down 741 pts
Oil prices rise over $2 on drawdown in US crude stocks
Sula Vineyards debuts today
The Sula IPO was subscribed 2.33 times during Dec 12-14
FIIS net sold 1119 crore while DIIS net bought 1757 crore
US futures indicates continued gains for the cash market following a rally
US frontline indices rise 1% to 1.5%
US 10-year yield slips to 3.65% after consumer confidence data
Gold remains unchanged around $1820/oz
Asian markets higher in early trade
Hangseng up 2% and Kospi up 0.8%

SGXNifty indicates a higher opening for the index
Likely to witness highly volatile will be expected during the day

Today NiftyFuture is facing a intraday resistance 18330, 18360 and 18440
If stays above 18440 will try to move 18500
But, Stay caution at higher levels!!

On other side, NF can be considered as supports as 18250 and 18200
Below 18200……. Expecting more weakness up to 18100-18000

Updated: 08.58 am / 22nd Dec 2022