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

NiftyFuture May series last close: 15343.55 (+0.2%)

June series last close: 15387.15 (+0.3%)

Indian markets ended record closing high on 27th May 2021

On Thursday, NiftyFuture was seen slightly volatile and ended above 15300 on May expiry day

Sensex rose 97 points to 51115 while Nifty 50 ended gains of 36 points to 15337

Action was seen IT, auto, banking stocks while profit booking visible metal stocks

VIX sustained and ended around 20.50

Banknifty, Midcap and Small-cap was seen out-perform on 27th May

Today following company will be declaring earnings report M&M, Glenmark, Indianbank, Recltd, Maxhealth and Ujjivan

FIIs net sold 660 crore while DIIs net bought 112 crore in cash segment

US markets ended higher on Thursday

Dow Jones rose 140 points and other indices ended at flat

Asian markets were set to higher opening on Friday

SGXNifty indicate positive opening for the index and likely to test all time high at opening bell

Niftyfuture formed a small bodied bullish candle on the daily scale with forming higher highs- higher lows of the last four sessions which was indicated bullish mode and buy at dip

NiftyFuture is facing a intraday resistance 15400-15440. If stays above 15440 expecting further rally up to 15500

NF considering a supports 15370, 15330 and 15275

If there is any declines can buy & Don’t think to short at lower levels!!

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Updated: 08.48 am / 28th May 2021