28th July 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 15734.65

On 27th July, NiftyFuture was opened positive note but unable to sustained opening gain

Global cues was not good and Pharma stocks pushed Nifty50 below 15800 levels

NF was opened 15840 and went to 15870 (You know ? I did written resistance at 15870 on yesterday) then fell up to 15693. Finally settled at 15732

Drreddy was declared mildly below expectation earnings report but stock declined more than 10%

All pharma stocks was seen selling pressure

After March 2020, correction Pharma index was first breakout index. Now, Is first break down index ? Wait and see

Volatility index was up 7%

PSU Banks did well

Axisbank, Indusindbank and Kotakbank fell significantly

IT index did well as well as Midcap index marginal lost

IMF cut India’s FY22 GDP forecast to 9.5% from 12.5%

Today’s major result stocks Maruti, Nestle, ABB, Pfizer, Tatacoffee, Srf, Coforge, Route and MGL

FIIs net sold 1459 crore value of shares and DIIs net bought 730 crore

Idea and Sail under F&O ban stocks

Today’s NiftyFuture Intraday supports and resistance levels will be sent to my clients only

Join us my Free Telegram channel will provide NiftyFuture levels (Click here)

Noon update will post around 12.30 pm……….. be patient

Updated: 08.50 am / 28th July 2021