09th Sept 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 36881.70 (+0.8%)

On Wednesday, BankniftyFuture was opened 36620 and made a low of 36502 then bounced back to 36946

Do you know ? Yesterday morning I sent alert to my clients as well as Free telegram channel BNF support around 36500. BNF did not break my support.

Yesterday BNF was seen strong note despite of weak in Nifty50

Kotakbank lift the bank index to more gain

Hdfcbank, and Icicibank gained marginally

Volatility index sustained 15

As per open interest data, Banknifty 37000CE was seen highest OI and second highest OI was seen 36800CE

On PE side 36500PE and 36000PE added more OI.

BankniftyFuture formed a bullish candle on yesterday’s trade

However, BNF is facing a intraday resistance 36950 and 37100

Higher side major resistance zone around 37100-37200. Watch it!!

BNF can be considered as supports as 36800, 36650 and 36500

Magic support around 36500…… If sustains below the level expect more pain

Updated: 08.29 am / 09th Sept 2021