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07th Sept 2023 #Nifty Intraday Levels and Pre-Market Reports

September 7, 2023 8:49 AM

Nifty last close: 19611.05 (+0.2%)

The Indian equity indices extended their winning run for the fourth consecutive session on September 6
Nifty was opened 19580 then slipped to 19490 again went tp 19635
Finally, Nifty was up 36.10 points or 0.18 percent at 19,611
Sensex was up 100.26 points or 0.15 percent at 65,880.52
Tata Consumer Products, Divislab, Bharti Airtel, Cipla and HDFC Bank were among the top gainers on the Nifty
While losers included Axis Bank, Hindalco Industries, Tata Steel, ICICI Bank and NTPC
On the sectoral front, FMCG index rose 1 percent
Pharma, oil & gas and power indices gained 0.5 percent each
On the other hand, metal, realty and bank indices down 0.4-1 percent
Midcap and smallcap indices ended on a flat note
Rupee ends at 83.13/$ Tuesday’s close of 83/$
FIIs net sold 3245 crore while DIIs net sold 247 crore on Sept 6
US markets ended lower on Sept 6
Dow down 0.57%, Nasdaq declined 1% and S&P500 fell 0.7%
US VIX ended 14.45
US 10-year yield went to 4.29%
Apple down 4% after the news of China ban the Apple phone to the Govt employee
Brent crude around $91/bbl
Dollar index lower to 104.87
Asian markets were set to negative opening in early trading
HangSeng down 0.8% and Nikkei down 0.1%

Giftnifty indicates a flat opening for the index
As per open interest 19500PE was seen highest OI
CE sides, seen marginal OI 19600CE, 19650CE and 19700CE
However, Nifty is facing a intraday resistance 19635 and 19650
If stays above 19650 will try to move 19690

On flip side, Nifty can be considered as supports as 19570 and 19530
Below 19530 finding a next support around 19490

Updated: 08.48 am / 07th Sept 2023

06th Sept 2023 #Nifty Intraday levels and Pre-Market Reports

September 6, 2023 8:48 AM

Nifty last close: 19574.90 (+0.2%)

The benchmark indices ended higher for the third consecutive session on September 5
Nifty above 19,550 led by mid-smallcap stocks and buying across the sectors
Nifty was opened 19565 and travelled around 19530 to 19580
Finally, Nifty was up 46.10 points or 0.24 percent at 19,574.90
Sensex was up 152.12 points or 0.23 percent at 65,780.26
Top gainers on the Nifty were Apollo Hospitals, Coal India, Sun Pharma, BPCL and Bajaj Auto
while losers included UltraTech Cement, SBI Life, Dr Reddy, Maruti
Among sectors, banks were down marginally
while other sectors ended in the green with healthcare and realty added 1 percent each
midcap index rose 1 percent and smallcap index gained 0.6 percent
The Indian rupee closed weaker on Tuesday as the local unit slipped to the 83 level for the first time in nearly two weeks
The rupee ended at 83.04 against the U.S. dollar, compared with 82.7475 in the previous session
US markets slips on Tuesday
Dow slipped to 0.56%, Nasdaq ended almost flat, S&P500 ended 0.42% down
US VIX up 1.5% to 14.01
AirBNB rallied more than 7%, Blackstone up 4% reports of stock added to S&P500
Tesla up 4% after strong demand in China
US 10-year yield rises to 4.26%
Crude jumps to $90/bbl after Russia and Saudi cut the extensions
Russia cut 3 lakhs barral per day
Gold prices fall below $1925/oz
Dollar index sustained around 104.50
Asian markets mixed in early trade
Hangseng falls nearly 1% and Nikkei gained 0.5%

Today’s Nifty spot and futures supports, resistance levels will be sent to my free telegram channel.

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

Updated: 08.48 am / 06th Sept 2023

06th Sept 2023 #Banknifty Intraday Levels

September 6, 2023 8:37 AM

Banknifty last close: 44532.15 (-0.1%)

As per open interest 44500CE, 44600CE and 44700CE was seen high open interest
PE sides 44500PE seen high open interest
However, Banknifty is facing a intraday resistance 44600 and 44700
If stays above 44700 will try to move 44850

On flip side, Banknifty can be considered as supports as 44450 and 44370
Below 44370 finding a next support around 44200

Updated: 08.37 am / 06th Sept 2023

05th Sept 2023 #Nifty Intraday Levels and Pre-Market Reports

September 5, 2023 8:41 AM

Nifty last close: 19528.80 (+0.5%)

The benchmark indices ended higher for the second consecutive session on September 4
Nifty was opened 19525 then fell to 19432 again spiked to 19540
Finally Nifty was up 93.50 points or 0.48 percent at 19,528.80
Sensex was up 240.98 points or 0.37 percent at 65,628.14
Coal India, Wipro, HCL Tech, UltraTechCement and Tata Steel are among the top gainers on the Nifty
While losers were Axis Bank, M&M, Nestle India, ITC and Asian Paints
Midcap and smallcap, outperformed the benchmark and rose nearly a percent each to touch fresh 52-week highs
All the sectoral indices ended in the green with power, metal, auto, realty, oil & gas and PSU Bank up between 1 and 2.8%
Vishnu Prakash R Punglia to debut today
Heromotocorp to invest Rs 550 crore into Ather Energy
FIIs net sold 3367 crore while DIIs net bought 2564 crore
US markets was shut on Monday
Crude inches higher on hopes of supply cuts from OPEC+
Brent crude at $89/bbl
Gold prices fall further to $1935/oz
Dollar index sustains 104.20
Asian markets lower in early trade
Hangseng down 1% and Nikkei down 0.5%

GiftNifty indicates a negative opening for the index
However, Nifty is facing a intraday resistance 19550 and 19590
If stays above 19590 will try to move 19650

On flip side, Nifty considering a supports as 19500 and 19460
Below 19460 finding a next support around 19400

Updated: 08.41 am / 05th Sept 2023