29th Dec 2021 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 17246.75 (+0.8%)

On Tuesday, NiftyFuture was seen consolidated trade on whole day
NF was opened 17175 and went to 17260. Finally ended at nearly day’s high
But, In last 1 hour NF was slipped 70 points from day’s high then bounced to day’s high
All index was ended green zone on yesterday
IT stocks did very well in last more than one week
Techm, Infy, Tcs, Wipro did very well
Bank index sustained with marginal gains
Midcap and Smallcap index gained 0.5% to 1%
RBI says, Bank’s gross NPA declined to 6.9% at Sept
FIIs net bought 207 crore while DIIs net bought 567 crore
Three stocks under F&O ban. Ibullhsgfin, Idea and Rblbank
Escorts excluded from F&O ban after long period
US Dow was up for the 5th consecutive session
Nasdaq slipped 0.6%
Europe markets was ended higher on Tuesday
Crude sustained around $80
Asian markets under selling pressure in early trade
Hangseng down 0.6% and Nikkei down 0.8% after hitting one month high on Tuesday

SGXNifty indicates a flat opening for the index and likely to witness highly volatile will be expected during the day
Nifty 17000PE added more open ineterest which was indicated 17000 is the strong support zone
NiftyFuture is facing a intraday resistance 17260, 17290 and 17320
Stay caution at higher levels

On other side, NF can be considered as supports as 17200 and 17150
Below 17150…… will try to check 17100

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Updated: 08.42 am / 29th Dec 2021