BankniftyFuture last close : 39314.45 (-0.6%)
On Friday, BankniftyFuture was seen highly volatile and moved almost 2000 points up and down
BNF was opened 39645 then fell vertically up to 38606 and shot up to 39890 again fell to 39000
All bank stocks was seen high volatile
PSU Banks did well and private banks seen selling pressure
Volatility index fell 3%
I recommended selling alert BNF around 39800 and hit target 39500
Also recommended selliing alert 40000CE 320 and hit target 220
This week trend decider 38500 and 41000
Today BankniftyFuture is facing a intraday resistance 39550, 39700 and 39900
If breaks and sustains above 39900 then will try to move 40200
Stay caution at higher levels
On other hand, BNF can be considered as supports as 39200, 39000 and 38600
Lower level 38500-38600 is the major support!!
More live market update will be sent to my clients only
Updated: 08.39 am / 01st Nov 2021
