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!!
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Updated: 08.20 am / 05th July 2021