05th July 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 34951.65

On Friday, BankniftyFuture was consolidated around 34800 to 35000

Finally ended 200 points higher from day’s low

Volatility index sustained around 12

Option premium was ended very lowest level due to low vix

Icicibank, Hdfcbank and Kotakbank ended with marginal gains

PSU banks sustained and not seen any significant move

BankniftyFuture weekly trend decider 34500 and 35500

Today BankniftyFuture is facing  a intraday resistance at 35040 and 35150

Above 35150, Will try to move 35300+

BNF can be considered as supports as 34850 and 34750

Below 34750, Finding a next support around 34500-34575

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.20 am / 05th July 2021