BankniftyFuture last close: 38943.65 (+1.5%)
On Thursday, BankniftyFuture was seen range with stron consolidation
Finally BNF was ended 1.5% higher
BNF was opened 38750 and went to 38982. Finally ended at 38943.65
Hdfcbank and Icicibank did very well
SBIN ended marginal higher
VIX fell and ended at 18.50
Option premium was melted due to low VIX
Today BankniftyFuture is facing a intraday resistance at 39000 and 39150
The trend line resistance around 39150
Suppose if breaks and manages above 39150 will try to move 39300 levels
On other side, BankniftyFuture can be considered as supports as 38850 and 38700
Yesterday’s low was 38694, if breaks the level finding a next support at 38500
Updated: 08.40 am / 12th Aug 2022
