12th Oct 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

Last close: 38373.45 (+1.2%)

On Monday, BankniftyFuture was opened 38000 and gradually went to 38569
But, didn’t sustained above 38500 and fell more than 200 points from day’s high
Hdfcbank, Icicibank and Sbin did very well
Hdfcbank will be declaring the earnings report on 16 Oct
PSU Banks did well
Volatility index surged 3%
Option premium did not fall on yesterday’s trade

BankniftyFuture formed a bullish candle on yesterday’s trade
As per OI data, Banknifty 38000PE added more OI
Today BankniftyFuture is facing a intraday resistance 38500 and 38600
Above levels are hurdle for today’s trade
BNF can be considered as supports as 38250, 38150 and 38000

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