BankniftyFuture last close : 29053.90
BankniftyFuture has declined 3.7% on Friday’s trade!!
BNF was made a high of 29665 than slide up to 28970. Finally closed at 29053
As per technical chart, BNF finding a support at 28850…… Will take support in this level
Suppose if not takes support at 28850……. Expecting further weakness up to 28650 and 28500.
(Overall…… BNF if closes below 28850………. Ultimate Target 27600)
Today BNF is facing a intraday resistance at 29200, 29370 and 29500
If rise can sell……….. Nothing else!!
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Updated : 08.43 AM / 02nd March 2020