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

Nifty last close: 17076.90 (-0.4%)

The Indian equity benchmark snapped a two-day winning streak to end lower on March 23
Nifty was opened 17100 then fell to 17050 again spiked to 17200 again dropped to 17040
In the last 1 hour Nifty was slipped almost 100 points
Sensex was down 289.31 points, or 0.50 percent, at 57,925.28
Nifty was down 75 points, or 0.44 percent, at 17,076.90
Midcap index shed 0.4 percent, while the smallcap index ended flat
Realty, bank, information technology and PSU bank were down 0.5-1 percent
While buying was seen in metal, FMCG and power names
VIX sustained around 14.50 to 15
FIIs net sld 995 crore while DIIs net bought 1668 crore on March 23
Vedanta board meeting on March 28 to consider fifth interim dividend
Japan inflation slows to 3.1% in Feb
Accenture forecasts Q3 revenue below estimates at above $16.7 billion
US future flat following a close in the green for cash market
US market ends with gains on Thursday, Frontline indices rise up to 1%
US 10-year yield slips further to 3.38%
Crude slips to $75/bbl
Gold prices above $1992/oz
Dollar index sustained around 102.50
Asian markets marginally negative opening
Nikkei down 0.5% and Hangseng down 0.7%

SGXNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 17100 and 17125
If breaks and manages above 17125 will try to move 17165-17200

On flip side, Nifty can be considered as supports as 17045, 17020 and 16980
Below 16980 finding a next support around 16900

Updated: 08.46 am / 24th March 2023