24th Feb 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 17511.25 (-0.2%)

On Thursday, Nifty was seen highly volatile ended marginally down 0.2%
Nifty was opened 17575 and dropped to 17455 again shot up to 17620
The final tally was Sensex was down 139 points to 59606
Nifty50 was down 43 points to 17511
Midcap and Smallcap index ended flat note
VIX was sustained around 15
Bank index ended flat note
FIIs net sold 1417 crore while DIIS net bought 1586 crore
US future marginally lower following a close in the green for cash market
US markets ended higher on Thursday
Frontline indices was up 0.5% to 0.8%
Boeing slips nearly 3% extended trading as company halts delivery of 787 dreamliners
US 10-year yield declines to 3.88% from 3.93%
Crude up 2% on expectation of steep cuts Russian production
Gold prices fall to $1820/oz hit 2 month lows
US unemployment fell by 3000 last week to 1,92,000 from 1,95,000 the previous week
Labor department said Thursday, it’s the sixth straight week claims were under 2 lakh
Asian markets mixed in early trade
Japan consumer inflation hits 41-year high and the data was showig 4.2%
Nikkei up 1.2% and Hangseng down 1%

SGXNifty indicates a positive note for the index
Nifty is facing a intraday resistance 17550 and 17620
If breaks and manages above 17620 finding a next resistance 17680

On other side, Nifty can be considered as supports as 17480, 17450 and 17400
Major suppport around 17350-17400 which was Budget day’s low

Updated: 08.56 am / 24th Feb 2023