BankniftyFuture last close: 35622.20 (+0.3%)
BankniftyFuture was seen consolidated once again on 7 June
BNF was trading range between 35100 to 35900 in last 7 sessions
Yesterday BNF was opened 35540 and made a low of 35494 then went to 35740
All banking stocks was consolidated
PSU bank was seen slightly profit booking
VIX at 16 and option premium was very low
BankniftyFuture likely to open flat note and expecting side-ways trade during the day
BNF in last seven sessions trading range was 35100-35900, either side if breaks and sustains expecting further move otherwise expecting range trade only
Today BNF is facing a intraday resistance 35660, 35740 and 35900
On other side, BNF considering a supports 35550, 35490 and 35350
More live market update will be sent to my clients only
Updated: 08.30 am / 08th June 2021
