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

NiftyFuture last close: 17205.20 (-0.4%)

On Monday, NiftyFuture was seen usual volatile & moved almost 400 points
NF was opened 17200 then fell to 17081 and spiked to 17353 again fell to 17200
The final tally was Sensex slipped 150 points while Nifty50 lost 70 points
Volatility index spiked to 6% at 23
Lot of breaking news came from Russia-Ukraine war
Russia and Ukraine Presidents addressed to the nation
US calls on Ukrainian President Zelenskiy to relocate to Lviv
Russian tanks have deployed in Donetsk
UN Security Council set to hold emergency meeting on Russia-Ukraine crisis
Yesterday US markets shut due to President’s day
But, Dow Future fell more than 500 points from Friday’s close
Europe markets fell 1% to 2%
FIIs net sold 2261 crore while DIIs net bought 2392 crore

NiftyFuture was formed lower lows and lower highs which was indicated sell on rise
NiftyFuture is facing a intraday resistance 17275, 17350 and 17425
Above resistance are very crucial for today’s trade!!
Stay caution at higher levels!!

On other side, NF can be considered as supports as 17130 and 17080
Below 17080 will try to check 17000
Thereafter expecting more pain

Updated: 06.36 am / 22nd Feb 2022