BankniftyFuture last close: 39067.35 (-0.9%)
On Thursday, BankniftyFuture was seen highly volatile with a range
BNF was opened 39400 then fell to 39200 again rallied 39540 then fell to 38920
In last 45 minutes, BNF was slipped more than 250 points
PSU bank was seen selling pressure
SBIN struggling around 535-545 in last three sessions
SBIN will be declaring the earnings report on 5 Feb
Hdfcbank was seen selling pressure
Volatility index surged marginally around 19.30
RBI will be announced interest rate decision on 9 Feb
SGXNifty indicates a positive opening for the index
Bank index also followed by SGXNifty like will open around 200 points up side
BankniftyFuture is facing a intraday resistance 39200 and 39400
If stays above 39400 then will try to move 39650-39700
On other side, BNF can be considered as supports as 38850-38900
If stays below 38850 then will check 38500
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Updated: 08.36 am / 04th Feb 2022
