22nd March 2023 #Banknifty Intrada Levels and Pre-Market Reports

Banknifty last close: 39894.70 (+1.4%)

On Tuesday, Banknifty was seen highly volatile with positive bias
Banknifty was opened 39600 and fell to 39366 then spiked to 39970
Finally Banknifty was ended 1.4% higher at 39894.70
Private banks did well
Hdfcbank and Icicibank lift the bank index
VIX cooled off 5% to 15
Option premium was seen little bit low

Today’s Banknifty intraday levels will be send to my clients as well as free telegram channel ( Channel id : https://t.me/FlyingcallsArjun )

Updated : 08.37 am /22nd March 2023

21st March 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 16988.40 (-0.7%)

On Monday, Nifty was seen huge selling pressure in the first half fell more than 250 points
Nifty was recovered almost 170 points in the second half
Finally, Sensex closed points, or 0.62 percent, lower at 57,628.95
Nifty was down 111.60 points, or 0.65 percent, at 16,988.40
All sectoral indices ended in the red
Realty, capital goods, IT, metal and PSU bank were down 1-2%
Midcap and smallcap indices shed 1 percent each
VIX ended around 16.20O
NPAs of public sector banks decline to 5.53% in Dec 2022-Finance Ministry
Bad loans of state run declined from a peak of 14.6% in March 2018 to 5.53% in Dec 2022
FIIs net sold 2545 crore while DIIs net bought 2876 crore on March 20
GDP to grow at 7% and Inflation set to moderate : Finmin Report
Gold drops from one year peak
Spot gold dipped 0.8% to $1972/oz after hitting $2000/oz
US markets ends with gains on Monday
Frontline indices rise up 1% to 1.3%
US VIX down 5% to 24.13
First Repulic bank continues with the sell-off and slides 47% during the day
US 10-year yield rises to 3.49% ahead of 2-day FOMC meet start today
Bitcoin tops to $28000 for the first time in 9 months on bank crisis
Crude rebounds after break below $70/bbl
Asian markets higher in early trade
Hangseng rises 0.7% and Kospi up 0.5%

SGXNifty indicates a gap up opening for the index
Today Nifty is facing a intraday resistance 17030, 17055 and 17120
Once if breaks and manages above 17120 will try to move 17200

On flip side, Nifty can be considered as supports as 16950, 16920 and 16850
Below 16850…. expecting more pain

Updated: 08.47 am / 21st March 2023

21st March 2023 #Banknifty Intraday Levels and Pre-Market Reports

Banknifty last close: 39361.95 (-0.6%)

On Monday, Banknifty was seen highly volatile and ended 0.6% down
Banknifty was opened 39500 then fell to 38940 and spiked to 39400
PSUBank index fell around 1%
VIX shot up to 17.75 like 15% in noon session and cooled off in the las hour
VIX finally ended around 16.20
As per open interest 39000PE was seen highest OI
CE side not seen any significant OI

Today’s Banknifty intraday levels and open interest data will be send to my paid clients as well as free telegram channel ( Telegram channel id : https://t.me/FlyingcallsArjun)

Updated: 08.30 am / 21st March 2023

20th March 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 17100.05 (0.7%)

It was yet another volatile week for the Indian market
On weekly basis, Sensex lost 1,145.23 points, or 1.93 percent, to end at 57,989.90
Nifty50 shed 312.9 points, or 1.79 percent, to close at 17,100
Smallcap, midcap and largecap indices fell 2.8%, 2%, and 1.6%, respectively
PSU index fell 4.5 percent, the auto index 4 percent
FII turned net sellers this week, selling equities worth Rs 7,953.66 crore
While DIIs bought equities worth Rs 9,233.05 crore
FIIs and DIIs have, so far, bought shares worth Rs 6,408.19 crore and Rs 16,162.40 crore this month
US Future marginally higher a following a close in the red for cash market
Dow Future rise around 100 points after UBS announce to buy Credit Suisse
US markets ends with cuts on Friday
Frontline indices down around 1% to 2%
UBS to buy CS for $3.3Bn with the combined bank to have $5 Tln in assets
The US Fed with other central banks announced a join liquidity operation
First Republic bank 72% lower for the week
US 10-year yield slips to 3.48%
Crude dips to 15 months lowes on Friday
Brent crude at $73/bbl
Gold prices surge above $1970/oz hit highest level since April 2022
Asian markets largely lower in early trade
Hangseng slips 1.6% and Nikkei down 0.7%

This week Nifty weekly levels 16850 and 17225
Today Nifty is facing a intraday resistance 17135, 17160 and 17200
Stay caution at higher levels!!

On other side, Nifty can be considered as supports as 17060, 17030 and 16990
Below 16990 finding a next support around 16900-16850

Updated: 08.50 am / 20th March 2023

20th March 2023 #Banknifty Intraday Levels and Pre-Market Reports

Banknifty last close: 39598.10 (+1.2%)

This week Banknifty weekly trend decider 38600 and 39920
Today Banknifty is facing a intraday resistance 39650 and 39750
If stays above 39750 will try to check 40000
Stay caution at higher levels

On other side, Banknifty can be considered as supports as 39450 and 39350
Below 39350 finding a next supports 39150 and 38900

Updated: 08.27 am / 20th March 2023

17th March 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 16985.60 (+0.1%)

The Indian equity benchmark ended with minor gains
To break a five-day losing streak in yet another volatile session on March 16
Nifty was opened 16995 then fell to 16850 and spiked to 17062. Finally ended 16985
Yesterday Nifty swing was seen around 750 points
Sensex closed at 57,634.84, up 78.94 points, or 0.14 percent
Nifty at 16,985.60, up 13.40 points, or 0.08 percent
Nifty metal index shed 2.5 percent and the IT index declined 0.7 percent
PSU bank index added 0.5 percent
Midcap index ended flat and the smallcap index lost 0.7 percent
Oil & gas, power, FMCG, realty indices added 1 percent each
VIX was sustained around 16.30
ECB Raises interest rate by 50 bps
FIIs net sold 282 crore while DIIS net bought 2051 crore
First Republic bank receives $30 billion in deposits from big banks
Jp Morgan, Citi Group, and Morgan Stanley deposited the $30 billion
US weekly jobless claims fall below 2 lakh
US future marginally lower after a strong close in the cash market
US markets ends higher on Thursday
Frontline indices rise up to 2.5% led by financials and tech
First Republic bank shares rose 10% on Thursday and erased the gain in pre-market
US 10-year yield rises to 3.58% after the strong jobless claims
Credit Suisse ends 19% higher
Crude snaps 3-day losing streak
Gold prices hold above $1920/oz
Asian markets higher in early trade
Hangseng up 1.2% and Nikkei up 0.5%

SGXNifty indicates a gap up opening for the index
Nifty is facing a intraday resistance 17030, 17050 and 17110
If stays above 17110 will try to move 17180

On other side, Nifty can be considered as supports as 16950, 16920 and 16850
Below 16850 finding a next support around 16770

Updated: 08.49 am / 17th March 2023