BankniftyFuture Last close: 36699
On Wednesday, BankniftyFuture was seen range with volatility between 36600-36950
First 30 minutes BNF was rallied from 36500 to 37085 but unable to sustained 37000 and again fell to 36600
Axisbank did very well
Hdfcbank and Icicibank did well and gained marginally
Option premium went up first 45 minutes then fell rest of hours
As per open interest 37000CE added more OI and 36500CE and PE was seen equal OI
BankniftyFuture is facing a intraday resistance 36770, 36860 and 37050
If any rally like above 2nd and 3rd resistance can sell 37k CE with stop of 3rd resistance
BNF can be considered as supports as 36550, 36410 and 36200
If comes lower levels can sell 36000PE
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Updated: 08.27 am / 02nd Sept 2021
