BankniftyFuture last close: 27523.15 (+2.9%)
BankniftyFuture has zoomed 3% and consecutive six days winning streak
Index opened at 27050 and sustained 27150 to 27350 in first half session then spiked up to 27600 level
Hdfcbank, Indusindbank, Axisbank and Icicibank shown their strength
Hdfcbank and Icicibank ADR up almost 10%. So focus on both bank
SGXNifty indicate a gap up opening and followed by bank index will open around 300-400 points gap and likely to witness volatility will be expected
Yesterday recommended Banknifty 27800CE at 210 and hold for today. I given alert to my paid clients and Telegram free clients
Today BankniftyFuture is facing a intraday resistance at 27700 and 27850
If crossover 27850 with volumes then will move 28100 to 28250
BNF considering a supports 27400, 27260 and 27000
Buy on declines!!
More live market update will be sent to my clients only
Updated: 08.38 am / 10th Nov 2020