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

NiftyFuture last close: 17028.75 (-1.8%)

On Monday, NiftyFuture was dropped another 1.8%
NF was opened 17175 and slipped to 16981 again shot up to 17180
Again fell to 17000…… Finally ended at 17028.75
In last two sessions NF was fell more than 600 points
Erase market cap of more than Rs 11 lakh crore in last two sessions
Sensex was down 953.70 points or 1.64% at 57,145.22
Nifty was down 311 points or 1.79% at 17,016.30
Nifty Bank, Auto, FMCG, Metal and Pharma indices down 1-3%
IT index added 0.5%
Midcap index falling 2.84% and Smallcap indices declining 3.33%
Nifty closes above 17,000 after breaching intra-day for the 1st time in 2 months
Rupee ends at record closing low of 81.62, is down 2% (nearly Rs 2) in 4 sessions
Idea, Zeel and Pnb are under F&O ban for 27 Sept
FIIs net sold 5101 crore while DIIS net bought 3532 crore
UK 10-year bond yield has risen to highest since 2010
Euro at Over 20-Year Low
Russia’s Moscow Stock exchange is down 11%
Brent crude slides below $85
Fed official stare down markets, say inflations is top focus
BOE says it’s monitoring drop in pound, won’t hesitate to change interest rates
Sell-Off continues on Wall street
Dow down 1.1% and Nasdaq was slipped 65 points
US markets was down around 20% from all time high
US future market were set to higher opening in early trade
Asian markets were to mixed opening on Tuesday early trade
Nikkei up 0.8% and Hangseng index falling 1%
SGXNifty indicates a marginally higher opening

NiftyFuture formed second biggest bearish candle on Monday and closed 2-months low
NiftyFuture is facing a intraday resistance 17070, 17100 and 17160
If breaks and manages above 17160 finding a next resistance 17250
Stay caution at higher levels!!…Sell on rise!!

On other hand, NF can be considered as supports as 16980 and 16950
Below 16950, will try to check 16900 and 16820

Updated: 08.40 am / 27th Sept 2022