BankniftyFuture last close: 35251.50 (-0.2%)
What a Teriffic Thurday
BankniftyFuture was opened 35674 and went to 35989.90 thereafter slipped to 35162
In last 2 hours, BNF was dropped more than 700 points from day’s high
All bank stocks was seen selling pressure
VIX declined 5% and ended around 19.50
Option premium shot up due to volatility
Canarabank will be declaring their earnings report on today
SGXNifty indicates a gap down opening for the index and followed by Bank index also will open gap down
However, BankniftyFuture can be considered as supports as 35000 and 34750
If stays below 34750 will try to check 34500-34350
On flip side, BNF is facing a intraday resistance 35250, 35400 and 35650
Stay caution at higher levels!!
Updated: 08.14 am / 06th May 2022
