Last close: 21977.30
BankniftyFuture was seen selling pressure on yesterday’s trade
BNF was made a high of 22289.65 then fell up to 21827 again went up to 22250 in last 1 hours again melted up to 21950.
Axisbank, Icicibank and Kotakbank was seen selling pressure and stock fell 0.5% to 2%
HDFCBank seen at marginal higher and stock gained 0.4%
Today BankniftyFuture is facing a intraday resistance at 22150 and 22300
Once if breaks and holds above 22300……… Expecting more strength up to 22530
As per yesterday’s data………Stay caution at higher levels or stay calm
Today BNF can be considered as supports as 21890, 21800 and 21685
Below 21685 and manages below the level……… Finding a next support around 21500
More live market update will be sent to my clients only
Updated : 08.35 AM / 03rd July 2020
