25th May 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 15202

NiftyFuture was seen consolidated and managed to ended in the green

NF was opened 15230 and dropped to 15150 again shot up to 15250 finally closed at 15190

In last 30 minutes witnessed profit taking at higher levels on May 24, 2021

Sensex ended 111 points higher at 50650

Selling visible in FMCG and Metals stocks while buying action seen public sector and power stocks

VIX index sustained 19 level and almost lowest level in 2021

Option premium was very low

As per OI side, 15000PE and 15500CE was seen huge OI

Nifty will take a strong support around 15000

Oil jumps more than 3% on Monday. Brent crude settled up $2 at 68.50

Singapore’s economy grows as its fastest pace in more than a year

FIIs net bought 585 crore in cash segment whereas DIIS sold 707 crore

US markets ended higher on Monday

Dow Jones rose 178 points and Nasdaq added 185 points

Asian markets were set to higher on Tuesday’s opening

SGXNifty indicate a gap up opening for the index and likely to move upside from support during the day

Just 3 days left May expiry……. Is Nifty will hit life time high in these days ?

NiftyFuture is facing a intraday resistance 15250, 15285 and 15330

Thereafter expecting more short covering up to 15400

NF can be considered as supports as 15180, 15150 and 15100

If there is any declines can buy

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Updated: 08.33 am / 25th May 2021