08th April 2021 #BankniftyFuture Intraday Levels and Pre-market report

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