BankniftyFuture last close: 37939.40 (+1%)
As per open interest 38000CE added more OI and 37500PE, 37000PE was seen equal OI
Which was indicated 38000 is the crucial resistance for today’s trade!!
However, BankniftyFuture is facing a intraday resistance 38000 and 38150
If breaks and holds above 38150 will try to move 38300
Stay caution around 38000
Because, BNF was rallied more than 2000 points in last fews sessions without any profit booking!!
On other hand, BNF can be considered as supports as 37830, 37650 and 37500
Below 37500 will try to check 37270
Updated: 08.40 am / 02nd Aug 2022