22nd Oct 2021 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18202.90 (-0.6%)

On Thursday, NiftyFuture was seen highly volatile and recovered more than 150 points from day’s low
NF was opened gap up at 18365 then slipped to 18077.50
NF recovered more than 150 points from day’s low
Bank index outperformed on yesterday
Kotakbank spiked more than 6%
SBIN and Icicibank did very well
Psu bank index rose 1% and other index fell 1% to 3%
Metal index fell 2.5%
Volatility index spiked and settled around 18
Reliance will be declaring the earnings report on today
Today’s result Hdfclife, Reliance, Gland, Tataconsum, Tataelxsi and Pvr
FIIs net sold 2818 crore while DIIs net bought 428 crore
Ten stocks under F&O ban. Amarajabat, Escorts, Idea, Irctc, L&TFin, Nalco, Pnb, Sail, Suntv and Tatapower
US markets fell marginally
Asian markets were set mixed opening on Friday

NiftyFuture formed a bearish candle on yesterday’s trade
NF is facing a intraday resistance 18250 and 18290
If sustains above 18290 will try to check 18340-18375

NF can be considered as supports as 18175, 18140 and 18075
Yesterday’s low is very strong support zone

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Updated: 08.39 am / 22nd Oct 2021