09th Oct 2020 #BankniftyFuture Intraday Levels

BankniftyFuture last close: 23184.70 (+0.7%)

BankniftyFuture was seen huge volatility on yesterday’s weekly expiry

Index opened at 23180 and went up to 23480 then sudden fell up to 23060. Finally closed at 23184

Almost 450 points wiped-out from intraday’s high

HDFCBank outperform and stock gained 2.5%

SGXNifty indicate a positive opening and followed by bank index also will opene positive note.

Likely to witness volatile trade will be continued during the day due to RBI Policy

Today Bankniftyfuture is facing a intraday resistance at 23230, 23350 and 23480

If breaks and manages above 23480…….. Finding a next resistance at 23650

Today BNF considering a supports 23100, 23020 and 22900

Below 22900……… Finding a next support around 22750

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Updated: 08.33 am / 09th Oct 2020