BankniftyFuture last close: 22908 (+1.3%)
Yesterday Bankniftyfuture was seen silently spotted and closed above three month high
BNF was made a low of 22650 and high of 22980. Finally settled at 22908
Axisbank, Kotakbank, Hdfcbank and SBIN contributed points to index climbing
Icicibank and Indusindbank closed at marginal higher likes +0.5%
Highest open interest was seen 23000CE and 21500PE
Today BankniftyFuture is facing a intraday resistance at 23000 and 23125
Above two levels are hurdle…….. Suppose once if breaks and holds above 23125
Bull’s action will be continued up to 23270+
Today BNF can be considered as supports as 22820, 22700 and 22520
Above 2nd and 3rd support is strong for today’s trade…….
If you want to buy at decline and keep stop of supports
Suppose if breaks and manages below 22520…….. Expecting some weakness!!
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Updated : 08.32 am / 10th July 2020
