BankniftyFuture last close: 33151.40 (+1.4%)
BankniftyFuture gained 1.4% on yesterday after two days losing streak
BNF was opened 32560 and flashed a low of 32298 then shot up to 33370
Finally settled at 33151 with premium of 160 points
Icicibank, Axisbank, Hdfcbank and sbin did marginally gain
Option premium melting as usual
BankniftyFuture formed a small bodied bullish candle on the daily scale
Today BankniftyFuture is facing a intraday resistance 33340, 33450 and 33700
Above last two resistance are hurdle for today’s trade!!
BNF can be considered as supports as 32960, 32800 and 32550
Below 32500………. Will try to move 32300
But, Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.36 am / 08th April 2021