23rd Nov 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 17435 (-2%)

NiftyFuture was cracked more than 350 points on Monday
NF was opened 17797 then slipped gradually up to 17301
In last 45 minutes bounced-back almost 150 points from day’s low
The final tally was Sensex was down 1170 points while Nifty50 fell 348 points
All indices was down 2% to 4%
Reliance fell more than 4% and biggest loser in Nifty50
Bhartiartl biggest gainer in Nifty
Volatility index spiked more than 15%
Option premium seen little bit higher on yesterday closing
Exports rise 18.8% to $20 billion so far in November
Oil prices rose 1.2% to $79.87 a barrel
FIIs net sold 3438 crore while DIIs net bought 2051 crore on 22nd Nov 2021
Escorts and Idea are under F&O ban on 23rd Nov
US markets slipped more than 350 points from intraday high
Dow ended flat and Nasdaq was dropped 1.25%
US 10 year bond yield rises above 1.6%
US President Biden re-nominates Jerome Powell for a second term as Fed chair
Europe markets ended mixed on 22nd Nov

SGXNifty indicate a negative opening for the index
NiftyFuture formed a bearish candle on daily scale
Today NiftyFuture is facing a intraday resistance 17475 and 17550
If rise can sell & stay caution at higher levels!!

On other side, NF can be considered as supports as 17350 and 17300
Below 17300…….will try to check 17230 and 17150

More live market update will be sent to my clients only
Updated: 08.45 am / 23rd Nov 2021