05th Feb 2024 #Banknifty Intraday Levels

Banknifty last close: 45970.95 (-0.47%)

This week Banknifty trend decider 45000 & 47000
Today Banknifty is facing a intraday resistance 46150 and 46300
If stays above 46300 finding a next resistance 46550

On other side, Banknifty considering a supports 45800 and 45650
Below 45650 finding a next support around 45400

Updated: 08.30 am / 05th Feb 2024

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

Nifty last close: 21697.45 (-0.13%)

The Indian equity indices ended with little change in the volatile session on February 1
Nifty was opened 21800 and went to 21830 then slipped to 21650
Finally, Nifty was down 28.20 points or 0.13 percent at 21,697.50
Sensex was down 106.81 points or 0.15 percent at 71,645.30
Top Nifty gainers were Maruti Suzuki, Cipla, Eicher Motors, SBI Life Insurance
while losers included UltraTech Cement, L&T, Dr Reddy’s Laboratories, JSW Steel
A mixed trend saw on the sectoral front, with auto, bank, FMCG and power added 0.2-0.8 percent
while capital goods, metal and realty were down a percent each
midcap index shed 0.4 percent, and the smallcap index ended 0.2 percent lower
VIX fell 10% to 14.4
FIIs net sold shares worth Rs 1,879.58 crore
DIIs purchased Rs 872.49 crore worth of stocks on February 1
Bank of England keeps interest rate at 5.25%
US markets ended sharply higher on 01 Feb 2024
Dow gained 0.97%, Nasdaq rallied 1.3% and S&P500 gained 1.25%
Meta jumps 14% in extended trading on earnings beat
Amazon ends 7% higher on strong Q4 earnings report
Apple falls 3% company posts on decline in China sales
US 10-year yield falls below 3.85%
Brent crude futures dropped $1.85, or 2.5 percent, to settle at $78.70 a barrel
Spot gold was up 0.9 percent at $2,054.89 per ounce
Asian markets were set to higher opening on Feb 2
Nikkei up 1% and Hangseng up 1.45%

GiftNifty indicates gap up opening for the index
Nifty is facing a intraday resistance 21740 and 21790
If stays above 21790 finding a next resistance 21850

On other side, Nifty considering a supports 21665 and 21630
Below 21630 will try to check 21580

Updated: 08.48 am / 02nd Feb 2024

02nd Jan 2024 #Banknifty Intraday Levels

Banknifty last close: 46188.65 (+0.42%)

Today Banknifty is facing a intraday resistance 46300 and 46400
If stays above 46400 will try to move 46600

On other side, Banknifty can be considered as supports as 46100 and 46000
Below 46000 will try to check 45800

Updated: 08.35 am / 02nd Feb 2024

01st Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21725.70 (+0.95%)

Equity benchmarks the Sensex and the Nifty rallied a percent each on January 31
Nifty was opened 21500 then rallied up to 21750
Finally, Nifty was up 203.60 points, or 0.95 percent, at 21,725.70
Sensex was up 612.21 points, or 0.86 percent, at 71,752.11
For the month, the Sensex fell 0.67 percent, while the Nifty ended flat
Biggest Nifty gainers included Dr Reddy’s Laboratories, Eicher Motors, Sun Pharma, Divis Labs
While losers were L&T, Titan Company, Tata Consumer and BPCL
Except capital goods, all sectoral indices ended in the green
With auto, bank, healthcare, power, metal and realty up 1-2 percent
Midcap index added 1.5 percent and the smallcap index nearly 2 percent
US markets ended sharply lower after the Hawkish comment by FED
POWELL Statement is, INFLATION HAS EASED NOTABLY BUT REMAINS ABOVE 2% GOAL
LOWER INFLATION WELCOME, BUT NEED CONTINUED EVIDENCE
DON’T THINK IT’S LIKELY FED WILL CUT IN MARCH
PREPARED TO HOLD RATES FOR LONGER IF APPROPRIATE
Dow down 0.82%, Nasdaq slipped to 2.23% and S&P500 down 1.6%
Nasdaq records worst day in 4 months falls over 2%
Microsoft falls more than 2%
US 10-year yield below 4%
Brent crude near $81/bbl
Gold prices rise to $2040/oz
Asian markets open mixed in early morning
Hangseng up 1.6% and Nikkei down 0.72%

GiftNifty indicates a positive opening for the index
FM will be submit interim budget at 11 am so market will see highly volatile
However, Nifty is facing a intraday resistance 21780 and 21800
If stays above 21800 finding a next resistance 21850 and 21930

On other hand, Nifty considering a supports 21670 and 21640
Below 21640 fidning a next supports 21570 and 21470

Updated: 08.43 am / 01st Feb 2024

01st Feb 2024 #Banknifty Intraday Levels

Banknifty last close: 45996.80 (+1.39%)

Today Banknifty is facing a intraday resistance 46200 and 46300
If stays above 46300 will try to move 46550

On flip side, Banknifty considering a supports 45800 and 45700
Below 45700 finding a next support around 45450

Updated: 08.28 am / 01st Feb 2024

31st Jan 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21522.10 (-0.99%)

The Indian equity benchmark erased some of the previous session gains and ended lower in a volatile session on January 30
Selling in heavyweights and capital goods, power and FMCG sectors
Finally, Nifty was down 215.50 points, or 0.99 percent, at 21,522.10
Sensex was down 801.67 points, or 1.11 percent, at 71,139.90
Among sectors, except realty and PSU bank, all indices ended in the red
Capital goods, FMCG, pharma and power down 0.5-1 percent
Midcap index shed 0.5 percent, while the smallcap index ended on a flat note
IMF raises India’s FY25, FY26 GDP growth forecasts to 6.5%
L&T Q3 net profit rises 15% to Rs 2,947 crore
FIIs net sold shares worth Rs 1,970.52 crore
DIIs bought Rs 1,002.70 crore worth of stocks on January 30
US markets ended mixed on Jan 30
Dow gained 0.35%, Nasdaq slipped to 0.75% and S&P500 ended flat note
Alphabet falls 5% after market hours earnings report
Microsoft falls 1% despite beat Q4 earnings
Tesla falls 3.5% after US Judge voids Elon Musk’s $56 billion Tesla compensation
GM rises 7% after strong earnings report
US 10-year yield sustained 4%
Gold prices rises to $2035/oz
Brent crude sustained around $82.50/bbl
Asian markets open lower on Jan 31
Nikkei down 0.5% and Hangseng down 0.3%

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

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Updated: 08.35 am / 31st Jan 2024

31st Jan 2024 #Banknifty Intraday Levels

Banknifty last close: 45367.75 (-0.16%)

Today Banknifty is facing a intraday resistance 45450 and 45550
If stays above 45550 will try to move 45700

On other side, Banknifty considering a supports 45300 and 45200
Below 45200 finding a next support around 45000

Updated: 08.21 am / 31st Jan 2024