24th March 2021 #NiftyFuture Intraday Levels and Pre-market report

NiftyFuture last close: 14832.90

 Indian equities bounced-back on March 23 and highest close in last 5 sessions

NF was opened at 14750 and went 14875 then slipped to 14713 again went to 14900 and settled at 14827

Last Thursday NF made a exact low was 14900 then slipped to 14500 and yesterday NF was made a high of 14900. Now SGXNifty were trading around 14740.

After moratorium verdict NF was moved climbed 100 points then dropped 150 points

Bulls took control and pushing to index Nifty50 closed 78 points while Sensex gained 280 points

Action was seen energy, realty and banks stocks

SC ruling is a relief for the banking sector as a whole since banks have been unable to classify accounts as per their actual performance since September last year

 The Nifty Mar expiry rollover is at 53.34% on Tuesday compared to 40.94% on same day of previous expiry

  The Market wide Mar expiry rollover is at 50% on Tuesday as compared to 53.02% on same day of previous expiry

US markers tumbled on Tuesday. Dow Jones fell 308 points and Nasdaq dropped 150 pts

Asian stocks were set to lower opening on Wednesday

Anupam Rasayan to debut on today. The issue was subscribed 44 times.

Idea and Sail under f&o ban on NSE

FIIS net sold 108 crore while DIIs sold 529 crore in cash segment

SGXNifty indicate a gap down opening for the index and likely to witness huge volatility will be expected

On last Thursday NF was made a high of 14900 then fell 14500 and yesterday NF made a exact high of 14900 and slipped more then 75 points intraday

Today NF is facing a intraday resistance 14860 and 14900. Strong resistance zone around 14900

NF can be considered as supports 14780, 14740 and 14700

Below 14700, Finding a next support around 14640 and 14600

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Updated: 08.45 am / 24th March 2021