23rd Aug 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17492.25 (-1.5%)

On Monday, NiftyFuture was slipped more than 1%
NF was opened 17660 and fell up to 17471 then ended 17492
In last two days NF was slipped more than 500 points
Market sees worst fall in 2 months; Sensex plunges 872 pts, Nifty ends below 17,500
Sensex was down 872.28 points or 1.46% at 58,773.87
Nifty was down 267.80 points or 1.51% at 17490.70
Nifty Bank, Auto, IT, Metal, Pharma, and PSU Bank lost 1-2%
Auto, Realty and Metal indices fell 2% each
Midcap and smallcap indices shed over 1% each
Oil prices rise after Saudi says OPEC could cut output
RBI likely to slow down pace of rate hikes, may raise rates by 0.25% in Sept. Says Deutsche bank
UK inflation to top 18% in early 2023, Citi warns
FIIs net sold 453 crore while DIIs net sold 85 crore
Tatachem are under F&O ban for Aug 23
US future higher following a sell-off in the cash segment
US markets ends lower, frontline indices see worst fall since June
Dow sheds 643 points whereas S&P500 and Nasdaq slump over 2% each
Zoom shares slipped 9%
Dollar index nears 109 against a basket of currencies
Asian markets lower in early trade tracking global cues
SGXNifty indicates a negative opening for the index

NiftyFuture formed a big bearish candle on consecutive second day
Which was indicated caution at higher levels!!

However, NiftyFuture is facing a intraday resistance 17520, 17555 and 17600
If stays above 17600 finding a next resistance 17660

On flip side, NF can be considered as supports as 17450, 17420 and 17370
Below 17370, Will try to check 17300

Updated: 08.50 am / 23rd Aug 2022