BankniftyFuture last close: 26749.20 (+1.7%)
What a fantastic week on Nov 1st week…….. Banknifty index was climbed 12%
Bank index posted the best week since April 12, 2020
SGXNifty hit life time high but banknifty almost 6000 points away from life time high
All bank stocks looks very hot especially Indusindbank, Kotakbank and Hdfcbank
SGXNifty indicate a gap up opening and bank index also will open gap up and likely to witness volatile trade will be expected
Today BankniftyFuture is facing a intraday resistance at 26950 and 27200
If crossover 27200 and manages above the level………. Will try to check 27450 and 27600
BNF considering a supports 26750 and 26500
Buy on declines!!
More live market update will be sent to my clients only
Updated: 08.23 am / 09th Nov 2020
