24th April 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22368 (+0.14%)

The Indian market squandered most of the day’s gains in last-hour selling on April 23
The Nifty closed with modest gains to end higher for a third session in a row
Nifty was up 31.60 points, or 0.14 percent, at 22,368
Sensex was up 89.83 points, or 0.12 percent, at 73,738.45
Grasim Industries, Bharti Airtel, Nestle India, Maruti Suzuki and HCL Technologies
while losers included Sun Pharma, BPCL, Reliance Industries, M&M
Among sectors, healthcare, metal, oil & gas and energy were down 0.3-0.8 percent
while FMCG, power, IT, realty and auto were up 0.4-2 percent
Midcap index rose 0.5 percent and the smallcap index gained a percent
Volatility Index slides 20% to record biggest single-day fall since May 2019
India VIX reaches level of 10 for the first time since November 24, 2023
Rupee ends at 83.34/$ against Monday’s close of 83.36/$
Foreign institutional investors (FIIs) net sold shares worth Rs 3,044.54 crore
while domestic institutional investors (DIIs) bought Rs 2,918.94 crore worth of stocks on April 23
US markets ended higher on April 23
Dow gained 0.69%, Nasdaq rallied 1.59% and S&P500 added 1.2%
US VIX fell 7.4% to 15.69
Tesla up 10% in extended trading after the earnings report
General Motors up 4% after the company announced strong annual forecast
Crude sustained $88/bbl
Gold prices extended fall below $2340/oz
Asian markets were set to higher opening in early trade

Today’s Nifty supports and resistance levels. Open interest data will be sharing to my free telegram channel

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Updated: 09.00 am / 24th April 2024

24th April 2024 #Banknifty Intraday Levels

Banknifty last close: 47970.45 (+0.1%)

Today Banknifty is facing a intraday resistance 48100 and 48200
If stays above 48200 will try to move 48350

Today Banknifty considering a supports around 47900 and 47800
Belo 47800 finding a next support around 47650

Updated: 08.38 am / 24th April 2024

23rd April 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22336.40 (+0.86%)

The Indian equity indices extended gains for the second straight session on April 22
Market started gap-up and remained rangebound with positive bias throughout the session
Finally, Nifty was up 189.40 points, or 0.86 percent, at 22,336.40
Sensex was up 560.29 points, or 0.77 percent, at 73,648.62
Top Nifty gainers included BPCL, Tata Consumer Products, Eicher Motors, L&T
while losers were NTPC, HDFC Bank, JSW Steel, IndusInd Bank and Tata Steel
All sectoral indices ended in the green
Auto, PSU bank, capital goods, oil & gas, FMCG, healthcare and realty indices gained up to 3 percent
midcap and smallcap indices each closed a percent higher
Reliance Industries Ltd (RIL) said net profit rose 0.1 percent to Rs 21,243 crore for the fiscal fourth quarter
The company’s board approved a dividend payout of Rs 10 per share
The company reported revenue of Rs 2.41 lakh crore in the three months ended March 31
Foreign institutional investors (FIIs) net sold shares worth Rs 2,915.23 crore
while domestic institutional investors (DIIs) bought Rs 3,542.93 crore worth of stocks on April 22
US markets ended green on April 22
Dow gained 0.67%, Nasdaq rallied 1.1% and S&P500 added 0.87%
Nvidia jumps 4% and Tesla slipped to 3%
US 10-year yield sustained around 4.62%
A firm US dollar had the yen locked near a fresh 34-year low on Tuesday
Gold prices dropped more than 2 percent to a one-week low on Monday
Gold prices slashed below $2300/oz
Asian markets mixed in early trade
Hangseng up 0.5% and Nikkei flat note

GiftNifty indicates a positive note for the index
Nifty is facing a intraday resistance 22380 and 22440
If stays above 22440 will try to move 22500

On other hand, Nifty considering a supports 22300 and 22260
Below 22260 finding a next support around 22200

Updated: 08.52 am / 23rd April 2024