27th April 2023 #Nifty Intraday Levels & Pre-Market Reports

Nifty last close 17813.60 (+0.2%)

Indian equity indices ended higher on April 26, amid buying seen in most of the sectoral indices
Nifty was opened 17765 and fell to 17712 then bounced up to 17827
Sensex was up 169.87 points or 0.28 percent at 60,300.58
Nifty was up 44.30 points or 0.25 percent at 17,813.60
Midcap index added 0.27% and smallcap index gained 0.34%
VIX sustained around 11.50
Shares of Gujarat-based state public sector undertakings (PSUs) rallied on Wednesday
After the Gujarat government laid out minimum requirements for dividends, bonus shares, buybacks, and stock splits for these firms
FIIs net bought 1257 crore while DIIs net sold 227 crore
US markets fell sharply on Wednesday
Dow declined 0.7%, Nasdaq gained 0.47% and S&P500 dropped 0.38%
First Republic Banknifty dropped another 30%, In last two sessions declined 75%
Microsoft gained 7% above estimates earnings report
Meta rises 12% in extended trading on better than expected Q1 earnings
US 10-year yield slightly rises to 3.44% ahead of GDP data
Crude slides 4% to $78/bbl
Gold prices fall from $2000/oz to $1990/oz
Asian markets were set to lower opening

SGXNifty indicates a negative opening for the index
As per open interest 17700PE was seen huge OI
However, Nifty if facing a intraday resistance 17835 and 17850
If breaks and manages above 17850 will try to check 17880

On other side, Nifty can be considered as 17790, 17775 and 17740
Below 17740 finding a next support around 17700

Updated: 08.48 am / 27th April 2023