28th Nov 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18646.10 (+1%)

Indian benchmark indices gained 1 percent and hit record levels in the week ended November 25
Market scales record levels riding on Fed minutes, sliding crude and weak dollar
On weekly basis, Sensex rose 630.16 points or 1 percent to end at 62,293.64
Nifty50 added 205.15 points or 1.12 percent to close at 18,512.80
Sensex and Bank Nifty touched all-time high, while Nifty was marginally away from its life highs
Mid-cap Index rose nearly 2 percent & Small-cap index added 1.5 percent
Large-cap Index added 0.8 percent and Nifty Media index rose 5.4 percent,
Nifty PSU Bank index added 5%, Nifty Oil & Gas and IT indices rose 2.5%
However, Nifty Realty index shed nearly 1 percent
Foreign institutional investors sold equities worth Rs 1,480.46 crore on last week
Domestic institutional investors bought equities worth of Rs 1,781.47 crore
Oil edges lower with China unrest rippling through world markets
Brent crude fell 0.16 to $83.48/bbl
China’s industrial profits drop further as Covid woes take toll on economy
JP Morgan sees global bonds yields dipping in 2023
US Futures lower following a mixed close for the cash market on Friday
On last week US markets post gains around 2%
US 10-year bond yield slips to 3.66%
Asian markets lower amid Covid unrest in China
Hangseng down 3% in early trade
SGXNifty trades lower, Indicates a gap down start for the Indian market

NiftyFuture This Week Trend Decider 18680 and 18150
Today NiftyFuture is facing a intraday resistance 18650 and 18680
Above 18680 will try to check 18720

On other side, NF can be considered as supports as 18630, 18590 and 18550
Below 18550 finding a next support around 18480

Updated: 08.46 am / 28th Nov 2022