17th May 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 15842.60 (+0.4%)

On Monday, NiftyFuture was seen highly volatile but ended positive note
NF was opened 15830 then fell to 15750 again bounced to 15980 then dropped to 15770
Finally NF was ended 15842 and gained 0.4%
Sensex was up 180.22 points, or 0.34%, at 52,973.84
Nifty was up 60.10 points, or 0.38%, at 15,842.30
Nifty bank, auto, energy and PSU bank rose 1-3 percent
Selling pressure was seen in pharma, IT and FMCG names
LIC will make its debut on the stock markets on Tuesday 17 April
RBI may hike rates by 75 bps by August says SBI economists
Oil prices open lower as EU struggles to seal Russia import ban
WPI inflation will be released around 12pm
Today’s results stock : Bhartiartl, IOC, DLF, IRB, Dr Lal Path and STAR
FIIs net sold 1788 crore while DIIs net bought 1428 crore
GNFC, PNB and Ibullshsgfin are F&O ban for May 17
US markets ended mixed trend on May 16
Dow was up 27 points while Nasdaq ended 142 points down
Nasdaq index fell 28% from all time high
Europe markets was ended mixed closing
Asian markets were set to higher opening for Tuesday’s early trade
Nikkei up 54 points while HangSeng index gained 360 points
US 10-year bond yield fell below 2.9%
SGXNifty indicates a minor gains

SGXNifty indicates a positive opening for the index and followed by global cues
WPI (Wholesale Price Index) date will be a trend decider for today’s trade
Nifty 16000CE, 16100CE and 16200CE added more OI

However, NiftyFuture is facing a intraday resistance 15920 and 15980
If stays above 15980 will try to move 16050-16100
Stay caution at higher levels!!

On other side, NF can be considered as supports as 15780 and 15720
Below 15720 will try to check 15670 and 15600

Updated: 08.37 am / 17th May 2022

17th May 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 33596.60 (+1.4%)

On Monday, BankniftyFuture was seen outperform and index gained 1.4%
BNF was opened 33230 then made a low of 33005 thereafter bounced up to 33850
Finally the Banknifty future was ended at 33596.60
PSU Bank index helped to lift the bank index
VIX ended around 24.40
Option premium was melted in last one hour only past few sessions

BankniftyFuture was formed a small bodied bullish candle on 16 April
As per open interest data showing 34000ce added more OI
While PE side open interest not seen significantly!!

However, BankniftyFuture is facing a intraday resistance 33670, 33825 and 34050
BNF facing a strong resistance zone around 34000-34100 for today’s trade!!

On other side, BNF can be considered as supports as 33350, 33130 and 33000
Below 33000, expecting more weakness

Updated: 08.19 am / 17th May 2022

16th May 2022 #NiftyFuture Intraday Levels and Pre-Market Report

NiftyFuture last close: 15786.60 (-0.2%)

On Friday, NiftyFuture was unable to sustained opening level and fell 0.2%
NF was opened 15970 and went to 16091 up to 2pm
After 2 pm bears entered and NF dropped almost 350 points from 16091 to 15744
On last week, Sensex declined 2,041.96 points, or 3.72%
Nifty50 shed 629.05 points (3.83%) to end at 15,782.20 levels
Small-cap index fell 6.5%, Mid-cap Index lost 5.6%, and Large-cap Index shed 4.4%
Metal and Power indices falling 13%, Telecom index shed 6.7%
Realty index declined 5.8% on last week
FII sold equities worth of Rs 19,967.57 crore, while DIIs bought equities worth of Rs 18,202.10 crore
However, in the month of May till now FIIs sold equities worth Rs 32,701.03 crore and DIIs purchased equities worth Rs 26,735.36 crore
Oil jumps 4% as US gasoline prices hit record high
Brent crude to settle around $111.55 a barrel
Today’s result stocks Bharatforg, MCX, and Raymond
Adani to buy Holcim’s stake in Ambuja cements and ACC for $10.5 billion
Three stocks under F&O ban- Gnfc, Ibullshsgfin and Pnb
US futures erase gains and Dow Future slip nearly 300 points from day’s high
US markets saw a relief rally on Friday
Nasdaq index gained 3.82% posted its strongest one-day gain since Nov 2020
Asian markets erase gains following weak China industrial output at -2.9% YoY
SGXNifty still in the green but it down more than 150 points from day’s high

NiftyFuture This Week Trend Decider 15670 and 16100
Today NiftyFuture is facing a intraday resistance 15850, 15900 and 16000
Stay caution at higher levels!!

On flip side, NF can be considered as supports as 15725 and 15670
Below 15670, expect panic selling (Like bottom fishing) up to 15600-15500

Updated: 08.46 am / 16th May 2022