BankniftyFuture last close : 31362.05
Above technical chart is Banknifty spot.
On Yesterday, BankniftyFuture fell more then 750 points
Huge panic ahead of US – Iran tensions!!……..
Today BankniftyFuture expecting to opened above 150-250 points higher
Bankniftyfut is facing a intraday resistance at 31550 and 31765
If all is well……….. Will try to move 32000. But stay caution at higher levels
Today BNF can be considered as supports 31225 and 31100
Buy at decline!!………… and keep a stop of 31100 for closing basis!!
Suppose once if breaks and closed below 31100…….. Will turn to negative!!
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Updated : 08.55 AM / 07th Jan 2020
