02nd Dec 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18948.30 (+0.4%)

On Thursday, NiftyFuture was seen slightly volatile but ended positive note
NF was opened gap up and did not sustained the opening gain
NF was opened 18960 and went to 18998.85 then fell to 18890 again shot up to 18950
Sensex jumped 185 points to 63284
Nifty50 rose 54 points to 18812
PSUBank and IT index rallied up to 2.5%
Metal, Auto and FMCG was seen selling pressure
VIX sustained around 13.60
Govt cuts windfall tax on locally produced crude oil and diesel exports
November GST collections at Rs 1.46 lakh crore, down 3.9% from October
Oil settles little changed after China eases Covid curbs
Brent crude settled around $86.88/bbl
Softbank to sell 5% stake in Policybazaar via block deal
FIIs net sold 1565 crore while DIIs net bought Rs 2665 crore on Dec 1
South Korea November inflation slows to 5% lowest in 7 months
Pnb, Bhel, Deltacorp and Ibullshsgfin under f&o ban for Dec 2
US futures lower following a mixed close for the cash market
US markets ends lower on Thursday
Dow Jones slips 0.6% and Nasdaq was up 0.2%
US 10-year yield slips to 3.54% ahead of Nov jobs reports
US dollar index slips below 105
Asian markets lower in early trade
Nikkei falls 2% and Kospi down 1.2%

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Updated: 08.55 am / 02nd Dec 2022

02nd Dec 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 43475.15 (+0.1%)

On Thursday, BNF was seen highly volatile and ended flat note
BNF was opened 43680 then fell to 43323 again spiked to 43550
Finally ended at 43475.15
VIX sustained around 13.70
Psubank rallied around 2.5%

Today BankniftyFuture is facing a intraday resistance 43580 and 43680
Above levels are crucial for today’s trade!!
Suppose if crossover 43680 and holds above the level
Finding a next resistance around 43850

On other side, BNF can be considered as supports as 43370 and 43250
Below 43250 finding a next support around 43050

Updated: 08.32 am / 02nd Dec 2022

02nd Dec 2022 Hot Stocks and Stocks To Watch

Last close: 4044.15 (+0.5%)

DMART was bounced from a recent fall and formed bullish candle
Stock finding a strong support zone 3900
Rally will be expected 4250-4300+ if not breaks 3900
If there is any declines can add for short term

Last close: 412.70 (+2.55)

DLF formed a double top formation at 415
Stock if breaks and manages above the level
Expecting further strength
Close watch 415

Updated: 08.27 am / 02nd Dec 2022

01st Dec 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18874.50 (+0.8%)

The Indian equity benchmarks ended higher for the seventh consecutive session on November 30
For the month of November, the Sensex gained 3.87 percent and the Nifty 4.14%
Sensex was up 417.81 points, or 0.67 percent
The Sensex first time it crossed the 63,000 mark
Nifty was up 140.30 points, or 0.75 percent, at 18,758.30
Except PSU bank, which was down 1.3%, all Nifty sectoral indices ended in the green
Auto, energy, FMCG, infra and metal indices were up 1-1.8 percent
Midcap index rose a percent and smallcap index added 0.6 percent
power index added 2.3 percent, metal index 2 percent, auto index 1.7%
GDP growth falls to 6.3% in July-Sept
Centre’s April-Oct fiscal deficit widnes to Rs 7.58 lakh
India’s core sector output growth slows to 20-month low of 0.1% in Oct
FIIs net bought 9010 crore while DIIs net sold 4056 crore
Pnb, Bhel, Deltacorp and Ibullshgfin on its F&O ban list for Dec 1
US future flat after a rally in cash market
Fed Powell confirms slowdown in rate hikes
US markets ends with sharp gains on Wednesday
Frontline indices rise to 4% to 5%
US 10-year yield slips to 3.61% following FED chair’s Dovish comments
Crude rises on signs of tigher supply and demand recovery
Brent crude rose to $87/bbl
Bitcoin surges to $17000
Asian markets higher in early trade after China Nov PMI data

SGXNifty indicates a gap up opening for the index
Likely to witness upmove during the day due to positive global cues
NiftyFuture is facing a intraday resistance 18925 and 18975
If stays above 18975 will try to move 19030-19050

On flip side, NF can be considered as supports as 18900, 18870 and 18840
If there is any declines can add

Updated: 08.54 am / 01st Dec 2022

01st Dec 2022 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 43451.10 (+0.4%)

As per open interest highest OI was added in PE side
CE side there is no significant OI which was indicated rally will be continue

However, BankniftyFuture is facing a intraday resistance 43550, 43650 and 43850
If stays above 43850 will try to move 44000

On other side, BNF can be considered as supports as 43450 and 43300
If there is any declines can add

Updated: 08.40 am / 01st Dec 2022