25th Jan 2023 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18128.25 (-0.1%)

The Indian equity market ended flat in the volatile session on January 24
NF was opened gap up at 18210 and fell to 18100. finally ended 18128
Sensex rising 37.08 points or 0.06 percent to end at 60,978.75
Nifty was down 0.20 points or 0.00 percent to close at 18,118.30
Banknifty was down 87 points to 42733
Nifty auto index was up 1 percent and the IT index rose 0.7 percent
Infra, pharma, PSU Bank, metal and energy were down 0.6-1.4 percent
Midcap and smallcap indices shed 0.3-0.4 percent
VIX dropped to 13.50
Hdfcbank did very well in last few days and lift the bank index
FIIs net sold 760 crore while DIIS net bought 1145 crore
Today’s result stocks: Tatamotors, Bajajauto, Drreddy, Cipla, Amaraja, Ceat, Dixon
Dlf, Tataelxsi, Indianbank, Gofashion and Torrentpharma
Rupee slides to 81.72 per dollar previous close was 81.39
US futures lower after Dow sheds 90 points in the cash market
Microsoft gains 4% on Q2 results but falls in extended trading over poor guidance
Google fell over 2%
US 10-year yield falls to 3.45% on earnings reports and corporate outlooks
Crude prices fall to $86/bbl
European markets endes largely lower
Gold prices rise further to $1937/oz
Japan Nikkei up 0.2%

SGXNifty indicates a negative opening for the index
Likely to witness highly volatile will be expected during the day
As per open interest 18100CE, 18200CE was seen highest OI
On PE side 18100PE and 18000PE seen high OI

However, NiftyFuture is facing a intraday resistance 18150, 18170 and 18210
Stay caution at higher levels!!
Suppose if comes higher can sell NF and buy PE

On other hand, NF can be considered as supports as 18090 and 18060
Below 18060, finding a next support around 18000

Updated: 08.50 am / 25th Jan 2023