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

NiftyFuture last close: 18286.75

Indian equity benchmarks ended with marginal gains in a subdued session on November 23
NF was opened at 18330 and consolidated around 18280-18330
In the last 30 minutes NF was dropped around 70 points
Sensex was up 91.62 points or 0.15 percent, at 61,510.58
Nifty was up 23.10 points, or 0.13 percent, at 18,267.30
Nifty PSU Bank gained 1 percent and the Nifty Bank added 0.6%
Midcap index ended flat, while the smallcap index was up 0.5%
FIIs net sold 789 crore while DIIs net bought 413 crore
Goldman Sachs sees Nifty will hit 20500 by 2023 end
PNB are under F&O ban for Nov 24
Japan Nov factory activity shrinks at quickest pace in 2 years
US unemployment claims rise to 240,000 highest since August
Oil slides over 3% on Russian price cap talks and US gasoline build
China reports daily Covid case rise to 29750 most during pandemic
US Fed is looking to take smaller rate hikes further
US dollar index slips below 106 on Dovish Fed minutes
US market ends with gains for the 2nd straight day
Frontline index was up around 0.5% to 1%
Tesla rises nearly 8% after Citi upgrade co from sell to neutral
US 10-year yield slips below 3.69% on higher-than-expected jobless claims
European markets close with minor gains
Brent crude ended around $85/bbl
Gold prices rise over $1750/oz as dollar index decline after FOMC minutes
Bank of Korea raises interest rates by 25 bps
Asian markets higher in early trade
HangSeng rises 1.3% and Nikkei up 1.3%
SGXNifty indicate a gap up opening for the index

SGXNifty indicates a gap up opening for the index
Likely to witness volatile will be expected in the last 1 hour due to monthly expiry
NiftyFuture is facing a intraday resistance 18310 and 18340
If breaks and manages above 18340 finding a next resistance 18390

On other side, NF can be considered as supports as 18290, 18270 and 18230
Don’t short at lower levels!!

Updated: 08.39 am / 24th Nov 2022