BankniftyFuture last close : 17175.80
On Friday, BankniftyFuture was declined 5.50%. Fell almost 1000 points.
Heavy weight bank stocks was seen huge selling pressure, ICICIBank, Indusindbank, Axisbank fell around 8%, Kotakbank, HDFCBank and SBIN declined 3%-6%.
Today BankniftyFuture will opened huge gap up likes 17500-17700 levels
Let’s see technical levels, BankniftyFuture is facing a intraday resistance at 17530 and 17850.
Once if breaks and consolidate above 17850, Finding a next resistance at 18200 and 18400.
Today BNF considering supports 17375 and 17175
Below 17175………… Expecting further deep correction!!
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Updated : 08.19 AM / 07th April 2020
