27th Dec 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18027.30 (+0.9%)

Indian equity market snapped a four-day losing streak and ended in positive territory on Dec 26
NF was opened 17890 and fell to 17835 then went to 18106
In the last 30 minutes, NF was fell nearly 100 points from day’s high
Sensex was up 721.13 points or 1.20 percent at 60,566.42
Nifty was up 207.80 points or 1.17 percent at 18,014.60
Except pharma, (down 0.8 percent), all other sectoral indices ended in the green
PSU bank index adding 7.3%, Nifty Bank, Energy and Metal indices were up 2% each
Midcap index added 2.3 percent and smallcap index rose 3%
FIIs net sold 497 crore while DIIs net bought 1285 crore
PNB are under F&O ban for Dec 27
Japan’s jobless rate falls to 2.5% in November
US retail sales grow 7.6% in holiday season
US futures trades higher around 175 points
Crude higher as China to cut Covid to lower threat disease
Brent crude nearly $85/bbl
Asian markets higher in early trade
Nikkei and Kospi rise 0.5% and Hangseng shut today
SGXNifty indicates marginally higher opening for the day

SGXNifty indicates a 40-50 points higher opening for the index
Likely to witness highly volatile will be expected during the day

NiftyFuture is facing a intraday resistance 18075 and 18110
Above levels are strong resistance, suppose if stays above 18110
Finding a next resistance 18160…. But, Stay caution at higher levels!!

On other side, NF can be considered as supports as 18000 and 17950
Below 17950, will try to check 17875

Updated: 08.35 am / 27th Dec 2022