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

NiftyFuture last close : 18215.25 (-0.5%)

On Wednesday, NiftyFuture was unable to sustained opening gain and seen selling pressure on last hour
NF was opened 18308 and went to 18350 (day before yesterday’s high) then fell up to 18181
Do you know ? Yesterday I boldly mentioned NF resistance at 18350 and support 18200
NF made a exact high was 18350 and low was 18181. Finally ended 18215
I have recommended selling NF at 18330 and achieved given targets
Bajajfinance fell more than 4% due to inline result
SBIN and Icicibank did very well
Today’s result stocks Bajajfinsv, Ntpc, Tatapower, Dlf, Indico, Rblbank, Marico, Sbicards and Aubank
FIIs net sold 1913 crore while DIIs net bought 472 crore
Four stocks under F&O ban Ibullshsgfin, Canbank, Nmdc and Suntv
US markets fell 266 points and Nasdaq ended flat note
Asian markets declined in Thursday morning trade

SGXNifty indicates a flat opening for the index and likely to witness high volatile will be expected during the day ahead of Oct month expiry
As per OI CE side added more OI which means Sell on Rise or Expecting further weakness

However, NiftyFuture is facing a intraday resistance 18240, 18275 and 18300
Strong resistance zone around 18350-18370
Every rise can sell with a stop or resistance levels

On other side, NF considering a supports 18180, 18150 and 18100
Below 18100……… Expecting more pain up to 18000

Updated: 08.44 am / 28th Oct 2021