13th March 2023 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 17412.90 (-1%)
The Indian markets lost 1 percent amid mixed global and domestic cues, in the volatile and truncated week ended March 10
Nifty was opened 17444 then fell to 17325 and ended 17412.90
On weekly basis, Sensex shed 673.84 points or 1.12 percent to close at 59,135.13
Nifty50 lost 181.45 points or 1.03 percent to end at 17,412.90
Midcap index ended on flat note, and Largecap index shed 0.8 percent
Nifty Realty index shed over 3%, PSU Bank 2.8% and Nifty Bank nearly 2%
Nifty energy and oil & gas indices rose 2 percent and 1.6 percent, respectively
FIIs bought equities worth Rs 1,769.68 crore
DIIs bought equities worth Rs 1,211.97 crore
However, in this month so far FIIs and DIIs bought equities worth Rs 14,361.85 crore and 6,929.35 crore
US futures higher following a sell-off in cash market on Friday
Dow future up nearly 400 points
US markets ends sharp cuts on Friday
Frontline indices fell around 1.5%
SVB was taken over by US regulators on Friday after massive withdrawals
No losses associated with resolution of SVB will be borne by the taxpayer : US Fed
US 10-year yield slips to 3.73%
Crude prices rise and above $82/bbl
Asian markets mixed in early trade
Hangseng up 0.7% and Nikkei down 1.5%
SGXNifty indicates a positive note for the index
Likely to witness highly volatile will be expected during the day
Nifty weekly trend decider 17250 and 17800
Today Nifty is facing a intraday resistance 17450, 17480 and 17550
On other side, Nifty can be considered as supports as 17370, 17340 and 17250
Updated: 08.53 am / 13th March 2023
13th March 2023 #Banknifty Intraday Levels
Banknifty last close: 40485.45 (-1.9%)
This week Banknifty trend decider levels are 40000 and 41700
Today Banknifty is facing a intraday resistance 40575, 40650 and 40800
If stays above 40800 will try to move 41050
On other side, Banknifty can be considered as supports as 40400, 40200 and 40000
Don’t short at very lower levels!!
Updated: 08.37 am / 13th March 2023
10th March 2023 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 17589.60 (-0.9%)
On Thursday, Nifty was seen highly volatile and ended 0.9% down
Nifty was opened 17770 and fell to 17573 then finally ended 17589.60
Nifty fell 165 points to settled at 17590
Sensex was down 541 points to 59806
Midcap and Smallcap index fell 0.2% to 0.4%
All indices fell 0.5% to 2%
VIX sustained around 12.50
FIIs net sold 561 crore while DIIS net bought 41 crore
US futures indicate continued losses
US markets ends with deep cuts on Thursday
Dow down 1.66%, Nasdaq fell 2% and S&P500 declined 1.85%
SVB Financial sheds 60% as company announces plan to raise over $2BN in capital
Financials within S&P500 fall 4.1% to posts its worst day since 2020
US 10-year yield falls to 3.87% ahead of Feb Jobs data
Crude slips to 2-week low and ended around $82/bbl
Gold above $1830/oz after US weekly Jobs data claims higher than expected
Crypto falls after Silvergate announces liquidation
Bitcoin slides 9% and Ether down 8%
US administration proposed 30% tax for the Crypto mining electricity
Asian markets lower in early trade
Hangseng down 2% and Nikkei down 1.5%
SGXNifty indicates a gap down opening for the index
SGXNifty indicates a gap-down opening for the index
Likely to witness highly volatile will be expected during the day
Nifty can be considered as supports as 17550, 17530 and 17480
If breaks and manages below 17480 finding a next support 17350-17380
On other side, Nifty is facing a intraday resistance 17585, 17620 and 17660
If any rally can sell…..Nothing else!!
Updated: 08.42 am / 10th March 2023
10th March 2023 #Banknifty Intraday Levels and Pre-Market Reports
Banknifty last close: 41256.75 (-0.8%)
On Thursday, Banknifty was seen volatile with ended 0.8% down
Banknifty was opened 41530 and went to 41650 then slipped to 41260
All bank stocks was seen selling pressure
PSU Bank index fell around 1%
VIX sustained around 12.30
Option premium was seen very low due to low VIX
SGXNifty indicates a gap down opening and followed by Bank index also will open gap down
However, Banknifty is facing a intraday resistance 41250, 41400 and 41600
Above 2nd and 3rd resistance are strong crucial for today’s trade
Banknifty can be considered as support as 41150 and 41000
Below 41000 finding a next supports around 40750 and 40500
Updated: 08.21 am / 10th March 2023
