02nd July 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24141.95 (+0.55%)

Benchmark indices Nifty and Sensex ended just shy of their new record highs
IT and FMCG index saw a sharp rally in the trading session on July 1
Nifty was up 0.55 percent at 24,142
Sensex was up 0.56 percent at 79,476
Top Nifty gainers included Tech Mahindra, Wipro, Bajaj Finance, UltraTech Cement and Grasim
while losers were NTPC, Eicher Motors, Dr Reddy’s Labs, SBI and Apollo Hospitals
Among sectors, except power, PSU Bank and realty, all other indices ended in the green
IT index rose nearly two percent
The broader indices hit a fresh record high
midcap and smallcap index adding more than 1 percent each
NMDC cuts iron ore lump prices by ?500 to ?5,950/tonne from ?6,450/tonne
Atul Auto Total sales up 107.4% at 2,628 units vs 1,267 units (YoY)
L&T wins another offshore order from ONGC worth up to ?2,500 crore
Foreign institutional investors (FIIs) sold equities worth Rs 426 crore on July 1
while domestic institutional investors bought equities worth Rs 3,917.43 crore
US markets ended higher on July 1
Dow gained 0.13%, Nasdaq rallied 0.83% and S&P500 ended 0.25% higher
Nasdaq posts a record close
Tesla rallied 6% after the strong sales
Apple hits new all time high and rallied 3%
US 10-year yield rises to 4.45% ahead of Fed chair Powell’s speech
Crude rises 2 month hight to $87/bbl
Gold prices above $2320/oz
Dollar index near 106 mark
Asian markets were set to higher opening
Nikkei up 0.4% and Hangseng up 0.75%

Today’s Nifty supports and resistance levels will be post to my free telegram channel

Free telegram channel link is https://t.me/FlyingcallsArjun

Updated: 08.43 am / 02nd July 2024

02nd July 2024 #Banknifty Intraday Levels

Banknifty last close: 52574.75 (+0.44%)

Today Banknifty is facing a intraday resistance 52650 and 52750
If stays above 52750 will try to move 52900

On other hand, Banknifty considering a supports 52500 and 52400
Below 52400 finding a next support around 52250

Updated: 08.29 am / 02nd July 2024

27th June 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 23868.80 (+0.62%)

Indian benchmark indices continued their record run for a second consecutive session on June 26
Nifty crossing 23,850 for the first time ever led by banks and heavyweights
Sensex was up 620.73 points or 0.80 percent at 78,674.25
Nifty was up 147.50 points or 0.62 percent at 23,868.80
The Nifty Bank index also hit a fresh record high as it went closer to 53,000
Biggest gainers on the Nifty included Reliance Industries, UltraTech Cement, Bharti Airtel, ICICI Bank
while losers were Apollo Hospitals, Bajaj Auto, M&M, Tata Steel and Hindalco Industries
Among sectors, bank, oil & gas, telecom, media and FMCG were up 0.3-2 percent
while auto, metal and realty fell 0.7-1.5 percent
midcap index was down 0.30 percent while the smallcap index ended on a flat note
FIIs sold equities worth Rs 3,535 crore
Domestic institutional investors bought equities worth Rs 5,103 crore on the same day
Major US stock indexes closed with modest gains on Wednesday after a choppy trading session
The Dow Jones Industrial Average rose 16.10 points, or 0.04%, to 39,128.26
S&P 500 gained 8.61 points, or 0.16%, to 5,477.91
Nasdaq Composite gained 87.50 points, or 0.49%
Asia-Pacific markets opened lower on Thursday
Japanese yen weakened to a near 38-year low

GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 23900 and 23940
If stays above 23940 will try to move 24000

On other hand, Nifty can be considered as supports 23830 and 23790
Below 23790 finding a next supprot around 23740

Updated: 08.45 am / 27th June 2024

27th June 2024 #Banknifty Intraday Levels

Banknifty last closE: 52870.50 (+0.5%)

Today Banknifty is facing a intraday resistance 53000 and 53200
If stays above 53200 will try to move 53450

On flip side Banknifty considering a supports 52670 and 52500
Below 52500 finding a next support around 52330

Updated: 08.38 am / 27th June 2024

26th June 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 23721.30 (+0.78%)

India’s benchmark Sensex and Nifty closed at fresh record highs on June 25
Nifty was rallied and broken recent highs
Nifty closed 0.78 percent, or 183.45 points, higher at 23,721.30 points
Sensex ended 712 points higher, or 0.92 percent, at 78,053.52 points
HDFCBank and Icicibank contributed almost 100 points to Nifty
HDFC Bank shares turn positive for 2024 after a 12% rally in a month
Among sectoral indices, Nifty Bank and Nifty Private Bank rose by 1.7 percent each
Among banking stocks, Axis Bank, HDFC Bank and ICICI Bank surged
On the other hand, Nifty Realty declined by 1.8 percent, with Nifty Metal and Nifty Media fell by 0.7 percent
FIIs turned net buyers as they bought equities worth Rs 1,175 crore
DIIs extended selling as they sold equities worth Rs 149 crore on the same day
US markets ended mixed on June 25
Dow lost 0.76%, Nasdaq rallied 1.26% and S&P500 gained 0.4%
Nasdaq erased the previous loss and Dow erased the previous gain
Nvidia ganed 7% and Fedex rises 14%
US 10-year yield nearly 4.25%
Crude sustained $85/bbl
Gold prices fall below $2320/oz
Asian markets were set to mixed in early morning
Nikkei up 1.4% and Hangseng down 0.15%

Today’s Nifty supports, resistance and open interest data will be sharing to my free telegram channel

Free telegram channel link is https://t.me/FlyingcallsArjun

Updated: 08.52 am / 26th June 2024