22nd June 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture Intraday Levels 15743.80

NiftyFuture was rallied after gap down opening 15509 to 15760 on 21 June

On last two sessions market was highly volatile despite low VIX

Banking stocks helped to lift the index

Action was seen PSU Banks, Finance, FMCG and realty stocks

VIX sustained around 15 and premium is very low

FIIs net sold 1244 crore while DIIs bought 138 crore in cash segment

Two stocks under F&O ban Idea and Suntv

US market rallied on Monday & strongest session in over three months

Dow Jones rose 1.75%, S&P 500 gained 1.4% and Nasdaq climbed 0.8%

Asian markets were set to open higher on Tuesday

SGXNifty indicate a positive opening for the index and likely to witness volatile will be continue

NiftyFuture has formed strong bullish candle on yesterday’s rally

As per Open Interest 16000CE and 15500PE was seen highest OI

However, NF is facing a intraday resistance 15780 which was last three days top

If crossover the level, will try to move 15825 and 15860-15900

On other side, NF can be considered as supports as 15720, 15690 and 15640

If there is any declines can buy!!

Updated: 08.48 am / 22nd June 2021