25th Jan 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 17151.65 (-2.6%)

On Monday, NiftyFuture was slipped more than 2.5% and seen vertical fall
NF was opened 17550 then fell up to 17011.75 finally ended at 17151.65
All index fell more than 2% to 5%
Midcap and Smallcap index fallen 3% to 4%
Bank index fell 2%
All frontline stocks fell 2% to 5%
Reliance and Icicibank did not sustained both stock slipped despite of announced good report
Axisbank announced good earnings report but ADR down around 1%
Oil falls 2% as Fed rate hike talk spooks risk markets
Today’s result stock Maruti, Cipla, Fedbank, Max, Srf and Mcdowell
FIIs net sold 3751 crore while DIIs net bought 75 crore
Bitcoin tumbles to six month low as Ukraine conflict fears shake markets
On US markets was seen highly volatile on Monday
US VIX shot up to 30
India VIX shot up to 22
Dow Jones recovered almost 1000 points from day’s low and ended 100 points gain
S&P500 gained 12 points while Nasdaq added 87 points
Nasdaq stages its biggest intraday recovery since 2008
US 10 year bond yield rises above 1.75% ahead of Fed meeting
European markets fall up to 4% on FED and Ukraine concerns
Asian markets under pressure in Tuesday early trade

NiftyFuture formed a big bearish candle on Monday
SGXNifty indicates a gap down opening for the index
Likely to witness highly volatile will be expected during the day
NiftyFuture can be considered as supports as 17000
Once if breaks and holds below 17000 finding a next supports 16850-16800
Expecting NF will take support around 16800
Suppose if fail……..and if closes below 16800
Will try to check recent bottom 16400 soon.

NF facing a resistance 17100, 17150 and 17260-17300

Updated: 08.50 am / 25th Jan 2022