25th Nov 2022 #Niftyfuture Intraday Levels and Pre-Market Reports

NiftyFuture Nov last close: 18460.20 (+0.9%)
Dec last close: 18626.15 (+1.2%)

The Indian equity market posted strong gains on November 24
Sensex hitting an all-time high of 62,412.33
The market extended the winning streak for the third consecutive session
Which was helped positive global cues and buying across the sectors
Nifty50 too hit a fresh 52-week high
While the Bank Nifty soared to a fresh record peak during the trade
Sensex was up 762.10 points or 1.24% at 62,272.68
Nifty was up 216.80 points or 1.19% at 18,484.10
In the last 30 minuted Nifty was shot up to 100 points gain
All the other sectoral indices ended in the green
Nifty auto, energy, and FMCG indices were up 0.5 percent each
Midcap index rose 0.5 percent and smallcap index was up 0.4 percent
US markets was shut on 24 Nov
US future indicate continued gains
European markets end higher on Thursday
Brent crude at $85/bbl
Asian markets lower in early trade
Hangseng down 0.7% and Japan’s Nikkei down 0.3%
SGXNifty indicates a flat opening for the Indian market

Nifty Dec series was ended with a premium of around 175 points
Which was indicated Bullish Market
However, NiftyFuture is facing a intraday resistance 18650, 18675 and 18725

On other side, NF can be considered as supports as 18600, 18575 and 18520
Avoid short at lower levels!!

Updated: 08.49 am / 25th Nov 2022

25th Nov 2022 #BankniftyFuture intraday levels and pre-market reports

BankniftyFuture Nov last close: 43045.60 (+0.7%)
Dec last close: 43284.25 (+0.7%)

On Thursday, BNF was gained 0.7% and ended all time high
BNF was opened 42850 and sustained 42900-43000
In the last 30 minutes BNF was spiked from 42900 to 43075
PSUBank index climbed around 1.5%
Icicibank did well
Axisbank and Indusindbank seen marginally selling pressure
VIX ends around 13.50

Banknifty Dec Future was ended with a premium of around 250 points
BNF formed a bullish candle on Nov 24
However, BNF is facing a intraday resistance 43350 and 43400
If breaks and manages above 43400 will try to move 43550

On other hand, BNF can be considered as supports as 43280, 43200 and 43050

Updated: 08.41 am / 25th Nov 2022

24th Nov 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18286.75

Indian equity benchmarks ended with marginal gains in a subdued session on November 23
NF was opened at 18330 and consolidated around 18280-18330
In the last 30 minutes NF was dropped around 70 points
Sensex was up 91.62 points or 0.15 percent, at 61,510.58
Nifty was up 23.10 points, or 0.13 percent, at 18,267.30
Nifty PSU Bank gained 1 percent and the Nifty Bank added 0.6%
Midcap index ended flat, while the smallcap index was up 0.5%
FIIs net sold 789 crore while DIIs net bought 413 crore
Goldman Sachs sees Nifty will hit 20500 by 2023 end
PNB are under F&O ban for Nov 24
Japan Nov factory activity shrinks at quickest pace in 2 years
US unemployment claims rise to 240,000 highest since August
Oil slides over 3% on Russian price cap talks and US gasoline build
China reports daily Covid case rise to 29750 most during pandemic
US Fed is looking to take smaller rate hikes further
US dollar index slips below 106 on Dovish Fed minutes
US market ends with gains for the 2nd straight day
Frontline index was up around 0.5% to 1%
Tesla rises nearly 8% after Citi upgrade co from sell to neutral
US 10-year yield slips below 3.69% on higher-than-expected jobless claims
European markets close with minor gains
Brent crude ended around $85/bbl
Gold prices rise over $1750/oz as dollar index decline after FOMC minutes
Bank of Korea raises interest rates by 25 bps
Asian markets higher in early trade
HangSeng rises 1.3% and Nikkei up 1.3%
SGXNifty indicate a gap up opening for the index

SGXNifty indicates a gap up opening for the index
Likely to witness volatile will be expected in the last 1 hour due to monthly expiry
NiftyFuture is facing a intraday resistance 18310 and 18340
If breaks and manages above 18340 finding a next resistance 18390

On other side, NF can be considered as supports as 18290, 18270 and 18230
Don’t short at lower levels!!

Updated: 08.39 am / 24th Nov 2022

24th Nov 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 42746.65 (+0.6%)

On Wednesday, BankniftyFuture was seen range with positive bias
BNF was opened gap up at 42555 and went to 42866 then ended at 42745
In the last 30 minutes BNF was dropped more than 150 points
PSUBanks did very well in the last two sessions
Private banks consolidated
VIX below 14
Option premium was seen very low due to low VIX

Likely to witness volatility will be expected in the last 45 minutes
As per open interest 42500PE added more OI and 43000CE added more OI
However, BNF is facing a intraday resistance 42820 and 42900
If stays above 42900 will try to move 43050

On other side, BNF can be considered as supports as 42660, 42575 and 42450

Updated: 08.21 am / 24th Nov 2022

23rd Nov 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 18281 (+0.5%)

On Tuesday, NiftyFuture was seen range with positive bias
NF was opened 18220 and made a low of 18172 then spiked to 18293
In the last 30 minutes NF was spiked to 40 points
Nifty50 climbed 84 points to 18244 and formed bullish candle
Sensex was rose 274 points to 61419
Midcap ended 0.5% higher and Smallcap was flat close
PSUBank index rose 1.5% which was helped to lift the bank index
VIX ends below 14 since lowest level Aug 2021
Oil rises 1% as OPEC+ focus on supply cuts outweighs recession concerns
India among fastest growing economics in Asia amid global slowdown : OECD
FIIs net sold 697 crore while DIIs net bought 636 crore
BOE projects more than 30 billion Euro of annual QE losses
US future flat trade following a close in the green for cash market
US markets ends with gains on Tuesday and rose 1% in frontline indices
S&P500 rises 1.4% to end above 4000 level for the first time since Sept
US 10-year yield to 3.75% on Fed remarks and ahead of FOMC minutes
Reserve bank of New Zealand delivers biggest rate hikes of 75 bps in its history
Bitcoin bounces back above $16000
Asian markets higher in early trade
HangSeng rises 0.2% and Kospi up 0.5%
SGXNifty indicates a higher opening for the index

NiftyFuture was formed bullish candle on Tuesday
Today, NF is facing a intraday resistance 18320 and 18350
IF breaks and manages above 18350 will try to check 18420 levels

On other hand, NF can be considered as supports as 18250, 18230 and 18175

Updated: 08.42 am / 23rd Nov 2022