Last close: 23018.85
BankniftyFuture was seen extremely volatile but index climbed 2600 points in last 8 days
BNF opened at 22850 and made a low of 22656 then went up to 23109
Hdfcbank was top performer in last few sessions and stock gained 1.5%
Axisbank and Icicibank marginally higher likes 0.5% to 1%
SBIN and Kotakbank fell 0.5% to 1%
In option side……..Premium is too high. I think struggling for option sellers
SGXNifty indicate a positive opening for the index and followed by bank index will open around 23100-23200. Likely to witness volatile trade will be expected during the day
Today BankniftyFuture is facing a intraday resistance 23150, 23275 and 23550
Above three resistance are hurdle for today’s trade!!
Today BNF considering a supports 22930, 22830 and 22700
Don’t short at lower levels!!
More live market update will be sent to my clients only
Updated: 08.31 am / 08th Oct 2020
