BankniftyFuture last close: 38686.10 (-1.1%)
On Thursday, BankniftyFuture was opened high of 39044 and fell up to 38442.95
Finally BNF ended 38686.10
Did not seen any volatile on yesterday
BNF was melting slowly and broken last 15 days low
Private banks and PSU banks was seen selling pressure
Volatility index surged 2%
I have recommended 4 banknifty options to my clients and achieved targets!!
BankniftyFuture formed a bearish candle on consecutive three sessions
Index was broken last 15 day’s low which was indicated sell on rise
However, Today BankniftyFuture is facing a intraday resistance 38800, 38930 and 39050
Stay caution at higher levels!!
On other side, BNF can be considered as supports as 38550 and 38450
If stays below 38450, will try to check 38300 and 38150
More live market update will be sent to my clients only
Updated: 08.39 am / 12th Nov 2021