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

Niftyfuture last close: 15638.40 (+1.9%)

On Tuesday, NiftyFuture was rallied and gained 1.9%
NF was opened 15440 and went to 15716.75 then slipped 15640
NF slipped almost 75 points from day’s high to close
Sensex was up 934.23 points, or 1.81 percent, at 52,532.07
Nifty added 288.65 points, or, 1.9 percent to close at 15,638.80
Indian index was seen best performance in three weeks
All sectoral indices ended higher
oil & gas index up 6% and power, realty, IT and metal indices up 3 percent each
Midcap index jumped 2.4 percent and smallcap index added 3 percent
PSUBank index climbed 4%
VIX fell 5% to settled at 21.50
Oil prices slide as Joe Biden pushes for US fuel cost cuts
WTI crude fell $1.35 to settled at $108.18 a barrel
Fed to lift rates by 75 basis points in July and 50 bps in Sept : Poll
Elon Musk’s $44 billion twitter deal gets board endorsement
FIIs net sold 2707 crore while DIIs net bought 3066 crore
Ibullhsgfin and Rblbank are under F&O ban
US future lower after a rally in the cash market on 21 June
US markets closes with sharp gains and all frontline indices up 2% – 2.5%
Crude trading at a one month low Brent crude at $111/bbl
Asian markets open largely lower
Hangseng down 0.5%, Kospi down 1.7% and SGXNifty off opening highs

As per open interest data showing, 16000CE added huge OI
Nearby strikes there is no significant OI which means expecting highly volatile

However, NiftyFuture is facing a intraday resistance 15665, 15690 and 15720
Above 15720 will try to check 15765.
Stay caution at higher levels!! or sell on rise with stop of resistance zone

On other side, NF can be considered as supports as 15585 and 15540
Below 15540 will try to check 15470

Updated: 08.48 am / 22nd June 2022