24th Aug 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17585.55 (+0.5%)

On Tuesday, NiftyFuture was seen highly volatile and ended 0.5% higher
NF was opened 17400 and went to 17600 again slipped to 17420 then shot up to 17640
The Indian market snapped a two-day losing streak and ended on a positive note on August 23
Helped by gains in auto, bank, metal and oil & gas stocks
Sensex ended 257.43 points, or 0.44 percent, higher 59,031.30
Nifty was up 86.80 points, or 0.50 percent, at 17,577.50
Nifty Bank, auto, metal, and PSU Bank rose 1-2 percent
Midcap and smallcap indices added 0.8-1 percent
Adani media arm to purchase 29.18% stake in NDTV, launch open offer
German bond yields at new highs after stronger than expected PMI
Oil jumps nearly 4% on possible OPEC+ supply tightning
FIIS net bought 563 crore while DIIs net sold 215 crore
US future lower, indicates continued losses for the cash market
US market ends with cuts of around 0.5%
Twitter closes 7.3% lower in biggest one day drop since July 11
European markets end lower on Aug 23
Asian markets lower in early trade
Hangseng down 0.3% and Nikkei down 0.5%

SGXNifty indicates a negative opening for the index
Likely to witness highly volatile will be expected during the day

NiftyFuture is facing a intraday resistance 17630 and 17660
If breaks and manages above 17660 will try to check next resistance 17730

On flip side, NF can be considered as supports as 17540 and 17500
Below 17500, Finding a next support around 17440-17370

Updated: 08.53 am / 24th Aug 2022