BankniftyFuture last close: 21843.90 (-0.6%)
BankniftyFuture was did not well in last two sessions
In last two sessions BNF struggled around 22200-22300
HDFCBank, Icicibank and Indusindbank fell 0.5% to 1.5% on Friday
In last week BNF was seen almost 100-150 points discount but now almost narrowed just 10 pts
Today BankniftyFuture is facing a intraday resistance at 21960 and 22080
Once if breaks and holds above 22080, Finding a next resistance around 22300
Suppose if crossover 22300 and manages above the level, We see further rally upto 22530
Today BNF can be considered as supports as 21800 and 21750
Below 21750…….. Will try to check next support around 21500
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Updated : 08.25 AM / 06th July 2020