07th July 2020 #BankniftyFuture Intraday Levels

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………

More live market update will be sent to my clients only

Updated : 08.15 am / 07th July 2020