BankniftyFuture last close: 36969.25 (+0.7%)
On Thursday, BankniftyFuture was opened low of 36511 and went to 37033
BNF was highest close since in last Feb
PSU Bank did not well and seems underperform
Private banks looks good
Kotakbank did very well on yesterday
Volatility index sustained 14
BankniftyFuture is facing a intraday resistance 37050 and 37175
If sustains above 37175 will try to move 37300
BNF can be considered as supports as 36870, 36820 and 36650
Major support around 36500. In last three sessions BNF was bounced from these level
Don’t short at very lower levels!!
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Updated: 08.38 am / 03rd Sept 2021