02nd July 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

Bankniftyfuture last close: 34853

BankniftyFuture was consolidated 34750-34950 on yesterday

Not even yesterday, more than 1 month BNF was consolidated 1300-1600 points only like 34300 to 35800

Did not seen any violent move due to weekly expiry

Volatility index was ended below 13 mark

Axisbank and Icicibank seen consecutive selling pressure

BankniftyFuture was fell consecutive fourth sessions and formed a bearish candle

However, BankniftyFuture considering a supports 34770, 34700 and 34500

Last 10 days support around 34500, If fail to take support expecting further weakness

BNF is facing a intraday resistance 34930, 35000 and 35160

There is no strength at higher levels and stay caution!!

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Updated: 08.38 am / 02nd July 2021