BankniftyFuture last close : 26525.75
BankniftyFuture saw wild swing trade on Monday’s trade!!
Yes, BNF was swing almost 2500 points and all bank stocks fell more than 3-10%
Especially RBLBank fell 22%, Indusindbank down 10% and SBIN declined 7%
Today BankniftyFuture facing a intraday resistance 26640 and 26800
Once if breaks and stays above 26800……….. Then will move 26930 and 27100
But, Chances are very remote only………. Suppose if rise can sell
Today BNF considering a supports as 26400, 26280 and 26120
Below 26120………..Finding a next supports 25850 and 25500
Don’t short at very lower levels……!!
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Last close : 903.10
Something went wrong in Indusindbank
In last 40 sessions stock came from 1600 to 900. Too much fall
Now, Same mantra…….. If rise can sell
Last close : 208.20
On Monday, Stock fell 22% after broken very strong support at 230
Favored for bears……… If rise sell likes 215-225
Down side support 195 and 188
Updated : 08.34 AM / 11th March 2020