12th Feb 2021 #BankniftyFuture Intraday Levels and Pre-market report

BankniftyFuture last close: 35808.75 (-0.2%)

BankniftyFuture was seen volatile with consolidate trade on 11th Feb

Feb 2nd week expiry BNF was moved 35400 to 36600 to 35600, movement was 1000 points with volatility

Option premium was too high on yesterday opening like 36000 straddle opened at 450 and closed around 200. Do you know ? Day before yesterday I recommended this straddle at 750

All front line banks was seen consolidate

BankniftyFuture likely to open flattish note and expecting consolidate trade during the day

Today BNF is facing a intraday resistance at 35925, 36050 and 36275

Stay caution at higher levels until 36600.

On other side, BNF considering a support at 35725, 35600 and 35450

Below 35450……… expecting more pain!!

More live market update will be sent to my clients only

Updated: 08.32 am / 12th Feb 2021