08th June 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

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