BankniftyFuture last close: 39466.75(-0.6%)
What a volatile day on Sept 1
BankniftyFuture was opened gap down around 700 points at 39000
Then went to 39828 then again fell to 39100. Finally ended at 39465
All bank stocks was see highly volatile
PSUBank index gained 0.7%
Private banks was seen selling pressure
VIX shot up 7% to 19.80
BankniftyFuture is facing a intraday resistance at 39630, 39720 and 39900
If stays above 39900 will try to move 40100
On other side, BNF can be considered as supports as 39300, 39170 and 39000
Below 39000, Finding a next support around 38750
Updated: 08.22 am / 02nd Sept 2022
