08th March 2021 #NiftyFuture Intraday Levels and Pre-market report

NiftyFuture last close: 14953.05 (-1%)

NiftyFuture was opened gap down 150 points and made a low was 14861 then recovered almost 100 points to settled at 14953 on Friday

In last 7 sessions, 4 gap up  and 3 gap down. That is the reason option premium is too high

In last week, Benchmark indices rising over 2.7% while Sensex added 2.6% to end at 50405

The broader markets outperformed with the Midcap gained 3.5% and the Smallcap indices added around 4%

FIIs bought net bought Rs 2200 crore of Indian equities in the week ended March 5 while DIIs sold Rs 2635 crore

India VIX also higher on Friday

Dow Jones rose 447 points, S&P500 gained 60 points and Nasdaq surged 147%

Asian markets rallied on Monday

5 stocks under F&O ban on NSE, Bob, Bhel, PNB, Sail and Suntv

SGXNifty indicate a gap up opening for the index and likely to witness volatile trade during the day

Today NiftyFuture is facing a intraday resistance at 15030, 15060 and 15110

If breaks and sustains above 15110 then will try to move 15160

NF can be considered as supports as 14950, 14920 and 14860

Don’t short at very lower levels

More live market update will be sent to my clients only

Updated: 08.50 am / 08th March 2021

08th March 2021 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 35287.95 (-1.6%)

BankniftyFuture was opened gap down and slipped 1.6% on Friday

However, BNF was took support around 34700-34900 in last two times

On Friday BNF was made a low of 34887 then bounced up to 35300, Now gap up opening

Option premium is too high

Like ATM straddle above 1200 weekly expiry despite of Wednesday expiry

On OI side 34500 PE and 36000CE was seen huge OI on Friday

SBIN broken recent support at 285

SGXNifty indicate a gap up opening and followed by Bank index also will open 300+

Today BankniftyFuture is facing a intraday resistance 35400 and 35540

If stays above 35540, Will try to move 35740 and 35900

BNF considering a supports 35100, 34950 and 34750

Strong support zone around 34600-34750. Don’t short at these levels!!

More live market update will be sent to my clients only

Updated: 08.32 am / 08th March 2021

08th March 2021 Hot Stocks and Stocks To Watch

Last close: 748.95

ADANIPORTS looks very hot and stock considering support around 740-750

Stock if sustains above 750, rally will be expected 766

Thereafter will try to move 774 and 785

If there is any declines can buy!!

Last close: 909.90

ADANIENT was surged 118 to 910 from March 2020 to so far. Gained almost 670% in last 1 year

Now, stock was seen highly volatility and stock if sustains above 940

Expecting further rally……….. if closes above 945……..will try to move 1000 above for shortly!!

Support around 888 and 870. If closes below 870……. Avoid long

Today’s guess stock

Stock trading nearby support zone around 1096

Stock if breaks and holds below the level

Expecting further weakness!!

Which stock ? Guess

Updated: 08.15 am / 08th March 2021

Dalal Street Week Ahead: #NiftyFuture Trend Decider For March 2nd Week

NiftyFuture last close: 14953.05 (-1%)

What  a terrible week!! NiftyFuture was made a smart comeback from previous week loss

Benchmark indices rising over 2.7% while Sensex added 2.6% to end at 50405

The broader markets outperformed with the Midcap gained 3.5% and the Smallcap indices added around 4%

Boosted strong macro economic data and strong sales report from autos in Feb so these factors lifted sentiment

Global markets worried about rising bond yields in last week

US 10 year bond yields rose to a new 1 year high on last week. Previous week bond yield was settled  at 1.4% and this week settled at 1.57%

FIIs bought net bought Rs 2200 crore of Indian equities in the week ended March 5 while DIIs sold Rs 2635 crore

On coming week, Industrial production data for the month of Jan and CPI inflation for Feb will be released on coming Friday and these factors will be impacting on following week

Easy Trip Planners will open public issue on March 8 at a price band of Rs 186-187 per share

The daily rise in new Covid-19 infections were recorded above 17,000 for the second consecutive day

Goldman Sachs raised Brent crude price forecast by $80 a barrel in the third quarter of this year

China exports surged in the first two months of the year, reflecting strong global demand for manufacturing goods. Exports jumped 60.6% in dollar in the Jan-Feb periods from a year earlier

This week (March 2nd week) NiftyFuture weekly trend decider 15320 and 14520

On last Friday US declared better than expected jobs data and US markets was surged nearly 2% while SGXNifty was up more than 100 points

Today China says, exports jumped 60.6% vs expected of 40%.

These above news is very boost for China market as well as global markets.

NiftyFuture will be opening more than 100-150 points gap up on tomorrow.

Let’s see technical levels,

This week only for 4 trading sessions (On 11th March holiday due to Mahasivatatri)

NiftyFuture is facing a resistance 15100, 15240 and 15320. Weekly strong resistance at 15320

If crossover and closes above 15320.  Then will try to check once again life time high

On another hand, NF is considering a supports 14860, 14775 and 14520

Weekly strong support at 14520 which was placed previous week low

Note these points: Stay caution around 15200-15350 and 14500-14650 that means avoid fresh buying at higher levels and don’t short at lower levels.

More live market update will be sent to my clients only

Updated: 01.28 pm / 07th March 2021

05th March 2021 #NiftyFuture Intraday Levels and Pre-market report

NiftyFuture last close: 15106.25 (-1.3%)

 Niftyfuture was opened huge gap down on weak global cues and almost recovered 100 points from day’s low

NF was opened at 15047 then made a low of 14992 and shot up to 15235. Finally settled at 15110

Weak global cues like that US bond yield rose

Nifty50 fell 165 points to close at 15080 while Sensex fell 600 points to close 50846

But, broder markets Midcap and Smallcap index surged 0.48%, 0.8% respectively

Action was seen power and utilities stocks while profit booking was seen metals, banks, finance and telecom

US bond market shot up to 1.55%

After Fed chairman speech US markets fell significantly

US Dow Jones fell 1.11%, S&P500 lost 1.34% and Nasdaq declined 2.11%

Nasdaq indices fell nearly 10% from its Feb record high

Asian markets falling on Friday as rising US treasury yields

Japan’s Yen to an eight month high

China has set its 2021 economic growth target a more than 6% says Premier Li

FIIs and DIIs both sold shares worth of 223 crore, 788 crore respectively

SGXNifty indicate a gap down opening for index

NiftyFuture trading range between 14500 to 15300 in last five sessions and seems huge volatility

This volatility not seen even the macroeconomic Budget day

Today NiftyFuture can be considered as supports as 15030, 15000 and 14950

Below 14950………Will try to check 14880 and 14820

NF is facing a intraday resistance 15080, 15150 and 15220

If rise can sell nothing else!!

More live market update will be sent to my clients only

Updated: 08.56 am / 05th March 2021

05th March 2021 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 35879.75 (-1.7%)

BankNiftyFuture was opened gap down and sustained 35800 to 36200 in whole day

Everyday BNF was seen more than 1000 points volatility

PSU banks sustains and Private banks visible profit booking

Option writers having huge trouble due to peak margin and higher VIX

While updating SGXNifty indicate a gap down opening and followed by bank index

In last five sessions BNF range between 34650 to 36600. Almost 2000 points volatility

However, Today BNF considering a supports 35650 and 35500

Below 35500, Finding a next support around 35350 and 35000

Don’t short at very lower levels!!

BNF is facing a intraday resistance 35900, 36150 and 36300

If there is any higher levels can sell

More live market update will be sent to my clients only

Updated: 08.40 am / 05th March 2021