BankniftyFuture last close: 21551.85 (+1.8%)
BankniftyFuture was spiked 1.8% after the positive news from HDFCBank
RBI decision to approve the new CEO for HDFCBank hence stock supported to index
BNF was opened at 21300 then dropped up to 21106 then spiked up to 21633
In last two and half month Banknifty index was trade between 20000 to 23000 in the same period Nifty was surged from 9600 to 11300.
Now……… If any positive news comes and if supported to index easily nifty will cross 12000 mark.
Let’s see yesterday’s bank stock performance
Axisbank and Icicibank gained 2.5% to 3%
Kotakbank surged 1.5% and Hdfcbank gained 4%
SBIN lost marginally 0.30%
Today BankniftyFuture supports and resistance levels
Entry and exit will be sent to my clients only during market hours
Noon update will post around 12.30 pm………… be patience!!
Updated : 08.20 am / 05th Aug 2020
