BankniftyFuture last close: 22226.30 (+1.80%)
BankniftyFuture opened at gap up at 22200 and went up to 22444 (flashed) then consolidated around 22200-22330.
BNF was closed at 22226. Almost 220 points lower from intraday’s high
HDFCbank did very well and stock closed at 2.7%
Axisbank,Indusindbank, Kotakbank and SBIN performed well around 1% to 2% higher
ICICIBank did not well and stock closed with marginally higher
Today Bankniftyfuture is facing a intraday resistance at 22320, 22400 and 22560
Above three resistance are very crucial for today’s trade.
If anyone want to create shorts at higher levels…….. Keep stop of 22560
Suppose if crossover and manages above 22560…… Will try to check 22750+
Today BNF can be considered as supports as 22140, 22065 and 21930
Thereafter will try to check 21750………
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Updated : 08.15 am / 07th July 2020