06th Sept 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 36899.75 (-0.2%)

On Friday, BankniftyFuture was opened 37000 and went to 37249 then fell 36670

Finally BNF was ended at 36900

Bank stocks was sustained and not seen significant move

Volatility index sustained 13.50

Option premium was seen lower level

PSUBanks did not well in last week

On Friday closing basis, 37000CE was seen highest Open Interest and PE there is no significant OI

BNF was formed small bodied bearish candle on daily scale and formed bullish candle on weekly basis

Today BNF is facing a intraday resistance 37000, 37100 and 37250

If stays above 37250 expect further bull’s action

BNF can be considered as supports as 36850, 36730 and 36500

Major support zone around 36500……. Watch it

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Updated: 08.33 am / 06th Sept 2021