11th March 2020 #BankniftyFuture Intraday Levels

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