Last close : 37246.30
On Friday, BNF was opened 37100 and made a low of 36927 then shot up to 37296
BNF was seen range with volatile on both sides
Volatility index sustained around 16
Private banks did well
SBIN sustained around 480-500 levels
Option premium was melting on Friday due to VIX at 16
BankniftyFuture This Week Trend Decider 37600 and 36900
Today BankniftyFuture is facing a intraday resistance 37350 and 37475
Once if breaks and sustains above 37475 then will try to check 37600
Thereafter expecting more rally!!
On other side, BNF can be considered as supports as 37150, 37060 and 36900
Don’t short at very lower levels!!
More live market update will be sent to my clients only
Updated: 08.35 am / 13th Dec 2021