BankniftyFuture last close: 35411 (-1.3%)
BankniftyFuture was slipped after consecutive four winning streak
BNF was opened 35712 and once again went to crucial resistance 35944 then dropped to 35261. Finally settled at 35411
All front line bank stocks was seen selling pressure
Volatility index spiked 13%
BankniftyFuture has formed bearish candle on daily scale which was indicated caution trade at higher levels
BNF was ended almost 140 points premium
Today BankniftyFuture is facing a intraday resistance 35480, 35550 and 35780
Stay caution at higher levels!! Don’t jump and buy
Today BNF can be considered as supports as 35330, 35250 and 35000
Below 35000 expecting more weakness up to 34750
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Updated: 08.34 am / 09th July 2021