BankniftyFuture last close: 23026.65 (-2.2%)
On Friday BankniftyFuture was opened at 23300 then slipped 22853.90 again went up to 23400……… Finally closed at 23026
Index was seen huge volatile on Friday and fell 519 points
Front line bank stocks was fell heavily like Axisbank fell 4.20%, SBIN dropped 3.10%, Icicibank, Indusindbank, and Rblbank fell 2% to 3%
Today Bankniftyfuture is facing a intraday resistance at 23110 and 23220
If crossover and manages above 23220 then will try to check next resistance around 23400-23500.
But stay caution at higher levels. There is no strength at higher levels in last few sessions
Today BNF considering a supports as 22930 and 22800
Below 22800 and holds below the level……… Finding a next support around 22650-22500
More live market update will be sent to my clients only
Updated: 08.00 am / 07th Sept 2020