29th July 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture July last close: 16923.65 (+1.6%)
August last close 16955.20 (+1.7%)

On Thursday, NiftyFuture was opened gap up and rallied 1.6%
NF was opened gap up at 16770 and gradually shot up to 16935
The Nifty50 index crossed ultimate resistance 16800 level
Sensex was up 1,041.47 points, or 1.87 percent, at 56,857.79
Nifty was up 287.80 points, or 1.73 percent, at 16,929.60
Bajaj twins has contributed more than 100 points to lift the Nifty50
Nifty bank, IT, metal, and energy indices gained 1-2%
Midcap index added nearly 1 percent and the smallcap rose 0.6%
On July series Nifty gained around 7.5%
On July series, Banknifty ralied 12%,FMCG +12% ,Midcap +10%, Smallcap +8%
Indusindbank rallied more than 30% in July series
Reliance was declined around 5%
VIX settled below 17.50
FIIs net bought 1637 crore while DIIs net bought 600 crore
Brent crude settled around $108/bbl
US economy shrank 0.9% last quarter and its 2nd straight drop
Today’s result stock Hdfc, Ntpc, Sunpharma, Cipla, Ioc, Dlf, Pel, Cholafin, Exiteind, and Route
US markets ended higher on 28 July
Dow gained 1.03%, S&P500 rallied 1.21% and Nasdaq added 1.08%
Asian markets were set to higher opening and follow the US markets

SGXNifty indicating the gap up opening for the index
NiftyFuture formed a big bullish candle on second consecutive day
NiftyFuture is facing a intraday resistance 17000, 17060 and 17140
If breaks and holds above 17140 will try to move 17200

On other hand NF can be considered as supports as 16920 and 16850
If there is any declines can buy and hold

Updated: 08.59 am / 29th July 2022

29th July 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

Banknifty July last close: 37372.75 (+1.7%)
August last close: 37422.45 (+1.6%)

On Thursday, BankniftyFuture was opened gap and ended 1.7% higher
BNF was rallied more than 12% in July series
Indusindbank gained more than 30% in last series
Icicibank and Hdfcbank contribute more points to lift the bank index
VIX fell below 17.50

BankniftyFuture formed a big bullish candle on consecutibe 2nd day
Which is indicating the further bullish move
However, BNF is facing a intraday resistance 37500 and 37700
If sustains above 37700 will try to move 38000

On other hand, BNF can be considered as supports as 37350 and 37000
If there is any declines can add

Updated: 08.38 am / 29th July 2022

29th July 2022 Hot Stocks and Stocks To Watch

Last close: 1902.60 (+3.6%)

Deepakntr has bounced from recent range with good volume
Favored for bulls and can take for short term
Expected rally up to 2100-2200
Stock considering the supports 1800-1850
For short term players can accumulate the stock

Last close: 321.95 (+3%)

Adanipower rallied more than 7% in last 2 session
I have recommended for delivery alert around 280-290 in few days back
Now, add more and expecting rally up to 350+ for short term
Supports around 290-300

Updated : 08.32 am / 29th July 2022

28th July 2022 #NiftyFuture Intraday Levels and Pre-Market Reports

NiftyFuture last close: 16653.30 (+1)

On Wednesday, NiftyFuture was rallied around 200 points from day’s low to high
NF was opended 16490 and made a low of 16438 then took U turn up to 16668
Sensex was up 547.83 points, or 0.99 percent, at 55,816.32
Nifty ended the day with a gain of 157.95 points or 0.96 percent
All sectors ended in the green, with the Nifty Pharma index gaining the most at 2.50%
IT index was up 1.68 percent and the realty closed a percent higher
Midcap index rising 0.90 percent and the BSE smallcap 0.38 percent
VIX declined 0.22 percent from 18.17 to 18.13
Tata Steel has announced to split its stock in the ratio of 1:10
Digital payments record 29% annual growth at March-end 2022
Today result stocks Drreddy, Nestle, Sbilife, Shreecement, Jublfood, Vedl, Bajajfinsv, Tvsmotor
FIIs net sold 436 crore while DIIs net bought 712 crore
Deltacorp and Ibullshsgfin are under F&O ban for July 28
Cabinet approves Rs 1.64 lakh crore revival package for BSNL
US markets rises up to 4% as Fed chairman hints at slow pace of rate hikes
Dow shot up to 436 points, S&P500 rallied 102 points and Nasdaq gained 470 points
Meta stocks slides 3% after reporting a weak set of earings
Crude prices rise and settled above $107/bbl
Asian markets were set to open narrow range and tracking economic data
SGXNifty indicates a gap up opening for the day

SGXNifty indicating a gap up opening for the day
Likely to witness highly volatile will be expected during the day ahead of monthly expiry
NiftyFuture is facing a intraday resistance 16720 and 16755
If breaks and manages above 16755 will try to check 16800 level

On other hand, NF can be considered as supports as 16630 and 16590
Below 16590 will try to check 16540 levels!!

Updated: 08.47 am / 28th July 2022

28th July 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 36756.10 (+1)

On Wednesday, BankniftyFuture was opened 36400 and made a low of 36250
Then BNF rallied more than 550 points from day’s low to high
Finally the bank index ended around 1% higher
Private and PSU Banks did very well
SBIN rallied more than 2%
VIX consolidated around 18.50
Icicibank and Hdfcbank ended higher

As per open interest, PE side added more OI and CE side there is no significant OI
However, BankniftyFuture is facing a intraday resistance 36850, 36950 and 37100
Closely watch around 37100. Once if breaks and manages above the level
Sharp rally or short covering will be expected up to 37400+

On other side, BNF can be considered as supports as 36650, 36600 and 36450

Updated : 08.24 am / 28th July 2022