28th Aug 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19265.80 (-0.6%)

Indian equity markets ended flat and extended profit booking in the fifth consecutive week ended August 25
Nifty was opened 19300 then fell to 19230 and ended 19265 on Aug 25
On weekly basis, Nifty50 fell 0.22 percent or 44.35 points to finish at 19,265.80
Sensex was down 0.09 percent or 62.15 points to close at 64,886.51
Mid-cap and Small-cap outperformed and touched fresh highs in this week and added 1.5% and 2% respectively
Large-cap Index ended on flat note
Pharma and Nifty PSU Bank indices were down 1.5% each, Nifty Energy Index was down 1.2%
Information Technology index added 1% and the Nifty Media index rose 0.6%
FIIs continued in fifth straight week as they offloaded equities worth Rs 4,895.29 crore
DIIs bought equities worth Rs 8,495.99 crore in this week
However, in this month so far, FII sold equities worth Rs 15,821.13 crore and DII bought equities worth Rs 17,741.85 crore
Reliance industries 46th AGM will be at 2 pm today
Motikak Oswal Mutual fund buys 3.72 crore shares at 202.80/sh
BEML order worth $19.71 million from KAMSS Lts Russia
US markets ended higher on Aug 25
Dow gained 0.73%, Nasdaq rallied 0.94% and S&P500 added 0.67%
US VIX down 8.85% at 15.68
US 10-year yield at 4.25%
Gold slides below $1915/oz
Crude sustained around $84/bbl
Dollar index crossed 104 mark and settled 104.19
Asian markets higher in early trade
Hangseng up 2% after cuts stamp duty in the stock trading
Nikkei up 1.5% in early trading

GiftNifty indicates a positive opening for the index
Nifty weekly trend decider 19600 & 19230
Today Nifty is facing a intraday resistance 19300 and 19330
If stays above 19330 will try to move 19380
But, Stay caution at higher levels

On flip side, Nifty can be considered as supports as 19235 and 19200
Below 19200, finding a next support around 19150

Updated: 08.42 am / 28th Aug 2023