BankniftyFuture Dec last close: 31281.20
Jan last close: 31303
BankniftyFuture was opened at 31360 and went to 31437 then slide and made a low of 31150. Finally closed at 31281 on 31st Dec
On yesterday BNF did not seen volatility and closed peaceful Dec expiry
The Banknifty Dec expiry rollover is at 78.13% on Thursday compared to 79.35% on same day of previous expiry
The Banknifty Dec rollover is higher than its Three months average of 77.33% and its six months average of 77.63%
Hdfcbank, Axisbank, Icicibank and Kotakbank was seen side-ways trade in last 2-3 sessions
Today BankniftyFuture will opened at flattish note and likely to witness side-ways trade will be expected during the day
Today BankniftyFuture is facing a intraday resistance 31385, 31470 and 31600
Above 2nd and 3rd resistance are hurdle for today’s trade!!
BNF can be considered as supports as 31225, 31100 and 30950
Stay caution below 30950
More live market update will be sent to my clients only
Updated: 08.30 am / 01st Jan 2021
