05th April 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22514.65 (+0.36%)
On Thursday, Nifty was seen highly volatile and travelled almost 500 points swing
Nifty was opened 22600 then fell to 22300 again went to day’s high
Finally, Nifty was up 80 points, or 0.36 percent, to 22,514.70
The Sensex ended 350.81 points, or 0.47 percent, higher at 74,227.63
India VIX around 11.20
Midcap and Small-cap was seen outperform and ended 1% higher
HDFCBank finally crossed 1500 market after the long period
Foreign institutional investors (FIIs) net sold shares worth Rs 1,136.47 crore
while domestic institutional investors (DIIs) offloaded Rs 893.11 crore worth of stocks on April 4
The NSE has retained Hindustan Copper, SAIL and Zee Entertainment Enterprises to the F&O ban list for April 5
RBI defers implementing directions on exchange-traded forex derivatives to May 3
Zee-Sony merger: NCLAT to decide next course of action in appeal on April 15
Reserve Bank of India’s Monetary Policy Committee is set to announce its interest rate decision on April 5
US markets seen highly volatile and ended sharply lower on April 4
US initial weekly jobless claims rise to 2.21 Lk vs 2.10 Lk
Also FED Gov said in the media there is no rate cuts in 2024
Dow declined 1.35%, Nasdaq dropped to 1.4% and S&P500 fell 1.23%
Dow declined more than 1000 points from day high
US VIX shot up 14% t 16.35
US 10-year yield falls near 4.3%
Crude rises above $90/bbl for the geopolitical tensions
Gold falls to $2270/oz after hitting all time high
Asian markets were set to lower opening in the early session
GiftNifty indicates a gap down opening for the index
Nifty is facing a intraday resistance 22540 and 22600
If stays above 22600 will try to move 22675
On flip side, Nifty considering a supports 22475 and 22425
Below 22425 finding a next supports 22340
Updated: 09.00 am / 05th April 2024
05th April 2024 #Banknifty Intraday Levels
Banknifty last close: 48060 (+0.92%)
Today Banknifty is facing a intraday resistance 48200 and 48350
If stays above 48350 will try to check 48500
Banknifty considering a supports 47900 and 47750
Below 47750 finding a next support around 47500
Updated: 08.43 am / 05th April 2024
04th April 2024 #Nifty Intraday Levels & Pre-Market Reports
Nifty last close: 22434.65
The Indian market ended on a flat note in the highly volatile session on April 3
Nifty was opened almost 80 points gap down and recovered the all losses
Finally, Nifty was down 18.6 points, or 0.08 percent, at 22,434.70
Sensex was down 27.09 points, or 0.04 percent, at 73,876.82
Shriram Finance, NTPC, TCS, Axis Bank and Tech Mahindra were among major gainers on the Nifty
while losers were Nestle India, Bajaj Auto, Kotak Mahindra Bank, Britannia
On the sectoral front, the Realty index was down 2.5 percent and the Auto index slipped 0.4 percent
On the other hand, Power, PSU Bank indices rose 1% each, and IT, Media indices were up 0.5% each
Midcap index (up 0.6 percent) hitting fresh record high and small up 1%
Foreign institutional investors (FIIs) net sold shares worth Rs 2,213.56 crore
DIIs net bought 1102 crore on April 3
NSE to launch four new indices in capital markets, F&O segments from April 8
US markets ended almost flat note on April 3
Dow fell 0.11%, Nasdaq gained 0.23% and S&P500 inched up 0.1%
Fed chair Powell says need more proof on softer inflation before rate cuts
US 10-year yield at 4.35%
Crude near $90/bbl
Gold extends record run on firm demand price above $2300/oz
The Japanese yen was last at 151.8 per dollar, little recovered from last week’s slump to 34-year lows of 151.975
Asian markets were set to marginally lower
Today’s Nifty supports, resistance levels and open interest data will be sharing to my free telegram channel
Free telegram channel link is https://t.me/FlyingcallsArjun
Updated: 08.59 am / 04th April 2024
04th April 2024 #Banknifty Intraday Levels
Banknifty last close: 47624.25 (+0.17%)
Today Banknifty is facing a intraday resistance 47700 and 47800
If stays above 47800 will try to move 48000
On flip side, Banknifty considering a supports 47550 and 47450
Below 47450 finding a next support around 47250
Updated: 08.05 am / 04th April 2024
