Home 1

12th July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24315.95

Indian benchmark indices ended marginally lower in the volatile session on July 11
Finally, Sensex was down 27.43 points or 0.03 percent at 79,897.34
Nifty was down 8.50 points or 0.03 percent at 24,316
FIIs turned net sellers on July 11 as they sold equities worth Rs 1,137 crore
While domestic institutional investors bought equities worth Rs 1,676 crore
TCS announced inline with expectation earnings report on Thursday post market hours
US markets ended with mixed on July 11
US CPI declines 0.1% MoM at 3% and Core CPI rises 3.3% YoY estimate 3.4%
Dow gained 0.09%, Nasdaq slipped to 1.95% ended 7-day winning streak
Nasdaq post worst day in more than 2 months
S&500 fell 0.88%. Biggest fall since in 3 months
Tesla falls around 7% report of delay in Autonomous Taxis
Seen profit booking Amazon, Nvidia and Microsoft
JPMorgan, Wellsfargo and Citigroup to report quarterly results on Friday
US 10-year yield falls below 4.25%
Crude sustains $85/bbl
Gold fall near $2305/oz
Dollar index sustains 105
Asian markets were set to mixed opening on July 12
Nikkei down 2% and Hangseng up 1.75%

GiftNifty indicates a gap-up opening for the index
Nifty is facing a intraday resistance 24335 and 24360
If stays above will try to move 24410

On flip side, Nifty considering a supports 24285 and 24260
Below 24260 finding a next support around 24220

Updated: 08.51 am / 12th July 2024

12th July 2024 Banknifty Intraday Levels

Banknifty last close: 52270.65 (+0.16%)

Today Banknifty is facing a intraday resistance 52350 and 52500
If stays above 52500 finding a next resistance around 52700

On other side, Banknifty considering a supports 52200 and 52100
Below 52100 will try to check 51900

Updated: 08.38 am / 12th July 2024

10th July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24433.20 (+0.46%)

Indian markets closed at fresh record highs on July 9
Amid buying in blue-chip stocks, firm global market trends, and foreign fund inflows
Sensex ended at an all-time high of 80351 points up 0.49%
Nifty closed at a lifetime high of 24433.20 up 0.46%
Maruti Suzuki India surged 7 percent
Uttar Pradesh (UP) waived registration tax on strong hybrid electric cars immediately
Other top gainers among blue chips included Mahindra & Mahindra, Titan Co Ltd, and ITC
Nifty Auto led sectoral gains, rising 2.2 percent
Followed by Nifty Consumer Durables and Nifty Pharma, up 1.7%
Nifty PSU Bank and Nifty Realty each gained 1.1 percent, while Nifty FMCG rose 1 percent
SIP inflows at ?21,260 crore vs ?20,904 crore (MoM)
FIIs extended their buying as they bought equities worth Rs 314 crore on July 9
Domestic institutional investors also bought equities worth Rs 1416 crore on same day
US markets ended mixed on July 9
Dow lost 0.13%, Nasdaq rallied 0.14% and S&P500 ended flat
Fed Chair Powell’s testimony was balanced/neutral, so market didn’t overreact
Oil prices down 1% to $85/bbl
10-Year yield at 4.3%
Dollar index sustains 105
Asian markets were set to marginal highs
Nikkei up 0.12% and Hangseng up 0.4%

Today’s Nifty supports and resistance levels will be post to my free telegram channel

Free telegram channel link is https://t.me/FlyingcallsArjun

Updated: 08.55 am / 10th July 2024

10th July 2024 #Banknifty Intraday Levels

Banknifty last close: 52568.80 (+0.27%)

Today Banknifty is facing a intraday resistance 52650 and 52700
If stays above 52700 will try to move 57800

On flip side, Banknifty considering a supports 52500 and 52450
Below 52450 finding a next support around 52350

Updated : 08.45 am / 10th July 2024