BankniftyFuture last close: 35655.40 (+0.4%)
On Wednesday, BankniftyFuture was seen highly volatile and ended 0.4% higher
BNF was opened 35300 and went to 35780 then slipped to 35300 again shot up to 35800
BNF was formed V shape formation on June 1
VIX sustained around 21
Private banks was seen selling pressure
As per open interest, 36000CE added more OI which means 36000 is the resistance zone
PE side there is no significant OI
BankniftyFuture is facing a intraday resistance at 35750, 35825 and 36000
Above levels are hurdle for today’s trade!!
On other side, BNF can be considered as supports as 35500, 35375 and 35300
Below 35300 will try to check 35000
Updated: 08.27 am / 02nd June 2022
