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

NiftyFuture last close: 16597.50 (+0.5%)

On Thursday, NiftyFuture was seen range with volatility but ended positive note
NF was opened 16525 and went to 16600 then fell to 15500 again shot up to 16618
The Indian benchmark indices ended higher for the fifth straight session on July 21
Sensex was up 284.42 points or 0.51% at 55,681.95
Nifty was up 84.50 points or 0.51% at 16,605.30.4
Nifty has formed a bullish candle and closed above the 100-day SMA
Except pharma, all indices ended in the green, with the PSU Bank index rising 1 percent
Auto, bank, FMCG, and information technology indices added 0.5 percent each
ECB 50 basis point rate hike since 2011
VIX broken 17 levels
Today’s result stocks Reliance, Ultratech, Jswsteel, Hdfcamc, Bandhanbank
Tomorrow 23rd result stocks Icicibank, Kotakbank and Ktkbank
Infosys will declare their earnings report on July 24 Sunday
FIIs net bought 1799 crore while DIIs net sold 312 crore
RBLbank and Deltacorp are under F&O ban for July 22
US future lower after a close in the green for cash segment
US markets endd with gains
Tesla shares jump 10% on positive Q2 earnings report
Crude slips as ECB rate hike and settled around $104/bbl
Asian markets mixed in early trade
Hangseng up 0.7% and Kospi down 0.5%
SGXNifty indicates a marginal higher opening

NiftyFuture is facing a intraday resistance 16640 and 16680
If breaks and manages above 16680 will try to move 16720

On other hand, NF can be considered as supports as 16570, 16540 and 16500
Closely watch 16480-16500. If not breaks the level no problem for bulls

Updated: 08.56 am / 22nd July 2022