BankniftyFuture last close: 29603
What a day on 2 Dec…………Index was seen consolidate with volatile trade
Index was opened at 29865 and made a high of 29912 then off up to 2920 again shot up to 29700
Index was recovered almost 500 points from intraday low
Kotakbank did not well in last three sessions…….. Seen huge selling pressure
Axisbank, Indusindbank sustains at recent highs
Likely to witness index will be opened at flattish note and likely to witness volatile trade during the day
Today Bankniftyfuture is facing a immediate resistance 29730, 29850 and 30050
If crossover 30050 with volumes then will move crucial resistance 30200
Index considering a supports 29475, 29400 and 29200
Buy on declines!!
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Last close 1814.20
KOTAKBANK was seen selling pressure in last two sessions
Stock once rise likes 1850-1875 can create fresh shorts and hold!!
Supports 1790 and 1775
Updated: 08.45 am / 03rd Dec 2020