BankniftyFuture last close : 18171.20 (-5.00%)
On Wednesday, BankniftyFuture saw another weak session and declined 5%
BNF was made a high of 18996 then melted up to 17962.65, Finally closed at 18171
As per technical chart, BNF not consolidated trend line support and closes below the level
Today BNF is facing a intraday resistance at 18350 and 18500
Above 18500 with volumes, Finding a next resistance at 18800. But
Stay caution at higher levels. Can go short at resistance zone or can sell CE or can buy PE
Today BNF considering supports 17980, 17850 and 17600
Once if breaks 17600 and consolidate below the level………. Expecting more weakness up to 17300
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Updated : 08.11 AM / 03rd April 2020
