06th May 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close : 19246.35 (-2.0%)

BankniftyFuture closed with losses another day Bank index fell 2%

BNF has opened with gain were lost in last 2 hours profit booking and both fund has sold aggressively

BNF made a high of 20098 then slipped up to 19164. Finally closed at 19246

Today BNF is facing a intraday resistance at 19420 and 19530

If crossover 19530 with volumes, Then will move up to 19750

But, Stay caution at higher levels!!

Today BNF can be considered as supports as 19075 and 18950

If breaks and holds below the level 18950, Finding a next support around 18700

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Last close : 170.40

Yesterday noon I did written in my blog with SBIN chart

Stock finding a triple bottom at 173, If breaks the level expecting more weakness

What happened ? Stock broken 173 and slipped up to 169.

Now….. Looks very bearish trend, Stock if rise can sell

Down side intraday supports 166 and 162……. Thereafter 156

Resistance 174 and 178

Updated : 08.29 AM / 06th May 2020