BankniftyFuture last close: 39437.10 (+2.1%)
On Wednesday, BankniftyFuture was ended with 2% higher
BNF was opened 39000 and slowly went to 39500.
Freak trade was seen 39888.70 on opening bell
Private banks did very well
PSUBanks moved 3% higher
BOB and Canbank contribute more points to lift the bank index
Volatility index fell 8%
Option premium seems little higher on Wednesday
As per open interest 39000PE and 40000CE added more open interest
BankniftyFuture formed a bullish candle on daily scale
Today BankniftyFuture is facing a intraday resistance 39720 and 40000
Crucial resistance around 40000
On other side, BNF can be considered as supports as 39350, 39250 and 39000
Crucial support zone around 39000
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Updated: 08.36 am / 03rd Feb 2022
