BankniftyFuture last close: 40312.40 (+1.8%)
On Thursday, BankniftyFuture was seen sharp rally and ended 1.8% higher
BNF was opened gap up at 39900 and slowly went to 40375
Private and PSU Banks did very well
Icicibank hit all time high
Hdfcbank, Axisbank and Kotakbank seen positive trigger
Indusindbank rose more than 2%
Bankniftyfuture formed a big bullish candle on Wednesday
BNF is facing a intraday resistance 40420, 40480 and 40630
If breaks and manages above 40630 will try to move 40900
On other side, BNF can be considered as supports as 40200, 40120 and 40000
If there is any declines can add
Don’t think to short at lower levels
Updated: 08.41 am / 09th Sept 2022
