BankniftyFuture last close: 21956.35
BankniftyFuture was crossed 22000 mark on yesterday and went up to 22099
On noon session was seen BNF slide from 22099 to 21802……. then again bounced up to 21950
Icicibank QIP issue floor price at 351
Hdfcbank, Icicibank, Indusindbank and Kotakbank gained 0.75% to 2%
Axisbank fell marginally at 0.5%
SGXNifty indicate a positive opening hence the Banknifty also will open above 22000
Today BNF is facing a intraday resistance at 22120 and 22260
If crossover and manages above 22260……. Then will try to move 22480
Today BNF can be considered as supports as 21875 and 21800
Below 21800……… Finding a next support around 21630
Don’t short at lower levels!!
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Updated: 08.12 am / 11th Aug 2020