BankniftyFuture last close: 19894.10 (+4.2%)
BankniftyFuture has shown strong strength on Yesterday’s trade
Index climbed 795 points and last four sessions BNF was spiked 2600 points
All banking stocks contributed to rise index value
But, Yesterday BNF was fell from critical resistance 20200 to 19900 and not sustained above 20k mark
Today BankniftyFuture is facing a intraday resistance at 20080 and 20200
Above resistance are crucial for today’s trade. Because BNF was struggled above levels in last three times.
Suppose, Once if breaks and manages above 20200, Finding a next resistance 20360 and 20600
Today BNF can be considered as supports as 19780, 19680 and 19475
Below 19475, Expecting further selling pressure up to ?
More live market update will send to my clients during market hours!!
Updated : 07.36 AM / 02nd June 2020
