23rd March 2021 #NiftyFuture Intraday Levels and Pre-market Report

NiftyFuture last close: 14741.60

NiftyFuture was seen sharp bounce back in the second half of the trading session on March 22, 2021

NF was opened 14741 and made a low of 14600 then bulls took control and NF shop up to 14779

Yesterday I did mention pre-market report in my blog ” NF support at 14600″

Do you know? Yesterday NF was marked exacted low of 14600

Sensex recovered almost 500 points from intraday low and settled at 497771 while Nifty50 closed at 14736

Action was seen reality, IT, FMCG and healthcare while profit booking visible banks, finance and public sector

Today SC ruling on loan moratorium case hence, expecting more volatility

India VIX sustained around 20-21 in last few days, Suppose if market side-ways VIX will come to 19

US markets rallied on Monday as tech stocks rebounded from a recent sell-off

Dow Jones up 103 points, S&P500 gained 27 points and Nasdaq added 160 points

Asian markets were set to modest gain on Tuesday

Brent crude settled at $64.63 a barrel

Lok Sabha has passed the Insurance Amendment Bill 2021. FDI raised to 74%

FIIs net sold 786 crore in cash segment whereas DIIs bought 543 crore in cash segment

Idea and Sail under F&O ban on NSE

SGXNifty indicate a positive opening for the index and likely to witness volatile trade will be expected during the day

NiftyFuture formed a Doji candle on the daily scale and the formed of lower highs of the past few sessions

Today NiftyFuture is facing a intraday 14775 and 14810, Once if sustains above 14810

Will try to move 14860 and 14910…….. But stay caution at higher levels!!

Today NF can be considered as supports as 14700, 14640 and 14600

Yesterday’s low is crucial for today’s trade

More live market update will be sent to my clients only

Updated: 08.43 am / 23rd March 2021