BankniftyFuture last close: 43331.60 (-0.3%)
On Wednesday, BankniftyFuture was seen volatile with negative bias
NF was opened 43340 and went to 43540 then slipped to 43177
Finally BNF was ended 0.3% down to 43331.60
Psubanks did well to lift the bank index
Axisbank did well and nearby all time high
VIX sustained around 14
As per open interest 43000PE and 43200CE, 43300CE added more OI
Which was indicated range session will be continued during the day
However, BNF is facing a intraday resistance 43430 and 43550
Above resistance are crucial for today’s trade!! Stay caution!!
On other side, BNF can be considered as supports as 43230 and 43150
Below 43150… Bears will take charge up to 42900-42750
Updated: 08.29 am / 08th Dec 2022
