04th Jan 2022 #BankniftyFuture Intraday Levels and Pre-Market Reports

BankniftyFuture last close: 36582.45 (+2.7%)

On first day of 2022, Banknifty was blasted nearly 3%
BNF opened high was 36621 (flash trade) then sustained 35750-35900 in first 20 minutes
Then gradually went and broken freak trade 36621
What a rally on first day of 2022
All bank stocks did very well
Hdfcbank spiked almost 3% after a long period
Icicibank, Axisbank, Indusindbank and Kotakbank did well
SBIN and Psu banks rallied more than 1.5%
Volatility index sustained around 16.50

BankniftyFuture was formed a big bullish candle on yesterday
BNF is facing a intraday resistance 36850 and 37050
If breaks and holds above 37050 will try to move 37300

On other side, BNF can be considered as supports as 36400, 36275 and 36000
If any declines add add with a stop of supports

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Updated: 08.37 am / 04th Jan 2022