27th April 2021 #NiftyFuture Intraday Levels and Pre-market Report

NiftyFuture last close: 14486.20 (+1%)

 Indian markets bounced-back on April 26 supported positive global cues

NiftyFuture was opened 100 points gap up at 14442 and went to 14552 but unable to sustain 14500 and closed at 14490

The Sensex ended the day 508 points to 48386 while Nifty50 was up 143 points to 14485

Icicibank and Axisbank was major contributor to Nifty50 and Bank index

Sector wise buying was seen metal, reality and banks profit booking visible in pharma stocks

Focus Axisbank, BajFinance, Maruti, Britannia and Tvsmotor will be declaring their earnings report on today

Option premium was closed at higher levels & VIX spiked more than 3%

Nifty 14000PE was closed around 25 it’s too high and 500 points away from current level

Today Axisbank, Bajfinance, Britannia and Maruti were set to declare report

TechM reported a 17.4% decline in consolidated profit at Rs 1081.4 crore Vs 1309 Cr

SEBI may not allow brokers to work from home

Copper prices hit lifetime high of Rs 754.20 per KG

3 stocks under NSE F&O ban Indiabullshsg, Sail and Suntv

FIIs net sold Rs 1111 crore while DIIs net bought Rs 1022 crore

US markets closed in mixed trend. Dow fell 0.18% and Nasdaq gained 0.87%

After market closed TESLA announced very good result and Alphapet, Microsoft, Google will declare their earnings on coming days

SGXNifty indicate a flattish opening for the index and likely to witness expecting volatile

NiftyFuture has formed a bullish candle on a daily scale and closed above last five days high

Index forming a higher highs and higher lows from the last two sessions

NF is facing a intraday resistance 14510, 14525 and 14560

If stays above 14560……….. expecting further strength up to 14610+

NF considering a supports 14460, 14440 and 14420

Below 14420………. Try to check 143370

More live market update will be sent to my clients only

Updated: 8.32 am / 27th April 2021