26th Nov 2021 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture Nov last close:17526.60
Dec last close: 17588.95

On Thursday, NiftyFuture was opened around 17400 and gradually went to 17558 with some volatile
The final tally was Nifty ended gain of 121 points while Sensex gained 455 points
Banknifty was seen underperform
Other indices did well
Midcap, Smallcap index surged 0.5% and Psu bank index declined 0.5%
The one and only stock Reliance was did very well and up 6%
Reliance was contributed more than 110 points to Nifty50
Infy did well and contributed 20 points to Nifty50
If delete the Reliance contribution the actual close may be around 17400
Volatility index fell 3% and ended around 16.50
FIIs net sold 2300 crore while DIIs net bought 1367 crore on Nov 26
Australian retail sales surge in Oct 4.9% Vs 1.7%
On US markets ended marginally higher
Dow was ended flat, Nasdaq added 70 points and S&P500 gained 10 points
Today’s news break… New heavily mutated variant B.1.1.529 in South Africa raises concern
South Africa has confirmed 10 specimens of new variant
Hong Kong finds new cases
Many countries bans flights from six African countries
US Future down more than 400 points, Asian markets fell more than 2%
European Futures down more than 2%
SGXNifty down 175 points

SGXNifty indicates a gap down opening for the index due to new variant
NiftyFuture is facing a intraday resistance 17550, 17600 and 17670
My mantra is…….. Sell on rise.

NiftyFuture can be considered as supports as 17440 and 17380
Below 17380, Finding a next suppor strong support around 17300

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Updated: 08.30 am / 26th Nov 2021