BankniftyFuture last close: 34937.55
Once again was seen selling pressure in banknifty on 30th June
BNF was opened 35227 and went to 35392 then slipped to 32892
BNF was ended nearby intraday low on 30 June
All front line bank stocks was seen selling pressure
Icicibank, Hdfcbank, Axisbank and SBIN was seen consecutive selling pressure
Indusindbank and Kotakbank ended marginal gains
Volatility index settled around 13
As per open interest highest OI was seen 35000ce and added more than 23 lakhs
PE side, 35000PE was seen highest OI
BankniftyFutur was ended with a premium of 160-180 points. So let’s look spot
However, BankniftyFuture is facing a intraday resistance 35030, 35130 and 35250
Stay caution at higher levels!!
BNF can be considered as supports as 34840, 347730 and 34550-34600
Below 34550……….. Expecting further weakness!!
More live market update will be sent to my clients only
Updated: 08.36 am / 01st July 2021
