BankniftyFuture last close: 35932.95 (+1.7%)
BankniftyFuture surged 1.7% after the two days lost and settled nearby 36000
BNF was opened 35668 and went to 36154 then slipped to 35604 again shot up to 35960
BNF was seen highly volatile with range
Hdfcbank did very well and stock spiked more than 2%
Icicibank and Kotakbank did well
PSU banks visible selling pressure
Option premium melting on yesterday due to weekly expiry on today
Today’s BankniftyFuture is facing a intraday resistance 36160 and 36250
Once if breaks and sustains above the level, will try to move 36500-36600, these resistance major hurdle
Highest OI was seen 36500 CE and 35500 PE
Today BNF considering a supports 35830, 35630 and 35400
Don’t short at very lower levels!!
More live market update will send to my clients only
Updated: 08.28 am / 10th March 2021
