BankniftyFuture last close: 35891 (-1.3%)
On yesterday, BankniftyFuture was opened 36485 and gradually fell to 35839
On first half session BNF was seen sustained at higher levels
Hdfcbank and Icicibank both was supported to bank index. But
Second half the session, Selling pressure was seen both banks and BNF fell to 35850
PSUBank seen selling pressure
Volatility index spiked and settled around 20.25
Today BankniftyFuture is facing a intraday resistance 35900 and 36100
If breaks and sustains above 36100 then will try to move 36350-36500
Stay caution at higher levels!!
BNF can be considered as supports as 35680 and 35450
Strong support zone around 35450 which was last Monday’s low
Below the level….. Expecting panic selling
More live market update will be sent to my clients only
Updated: 08.33 am / 07th Dec 2021
