03rd March 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close : 28885.15

What a volatile day!!! Witnessed wild swings during the day

Bankniftyfuture (BNF) has opened at 29355, went up to 29648 then melted and made a low was 28600. Almost 1300 points swings!! Ooops!!

PSU Banknifty fell 4.5% lower level and heavyweights SBI down by 5%

Today BankniftyFuture is facing a intraday resistance at 29060 and 29200

If crossover 29200 and holds above 15 minutes……… Then will try to move 29450-29600

Stay caution at higher levels……….!!

Today BNF can be considered as supports as 28700 and 28550

Below 28550……….Finding a next supports 28300

Don’t short at very lower levels!!

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Last close : 287.40

SBI Card IPO no response on first day and SBIN stock slide 5.1%

Stock broken strong support 295 and closes below the level

If rise can sell likes 292-295

Down side supports 282 and 278

Updated : 07.57 AM / 03rd March 2020