BankniftyFuture last close: 32455.05 (+1.1%)
BankniftyFuture has bounced-back from previous day weakness and index gained 1%
BNF opened at 31850 and slowly went to 32508 then finally closed at 32455
Hdfcbank was a major contributor to bank index
Axisbank and Psu banks surged
Kotakbank was seen selling pressure and stock down more than 1.5%
BankniftyFuture has formed a bullish candle on yesterday’s trade
BNF is facing a intraday resistance at 32580 and 32650
If crossover 32650………. Rally will be expected up to 32800+
BNF can be considering a supports as 32300, 32220 and 32000
If there is any declines can buy with a stop of yesterday’s low 31800 (Last hope)
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Updated: 08.38 am / 13th Jan 2021