BankniftyFuture last close: 36513.50
On Tuesday, BankniftyFuture was seen underperform despite of Nifty climbed more than 200 points
BNF was seen highly volatile like 4 times moved 250-300 points within 2 minutes
Hdfcbank, Icicibank and Sbin gained marginally
Axisbank broken recent peak
PSUBanks did well marginally
AUBank fell more than 12%
As per open interest data 36500ce and 36000pe added more OI which was indicating the range trade!!
However, BNF is facing a intraday resistance 36500, 36625 and 36750
Stay caution at higher levels!!
BNF can be considered as supports as 36400, 36320 and 36100
As per OI data, 36000 considering a strong support zone!!
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Updated: 08.35 am / 01st Sept 2021