Bankniftyfuture last close: 22435.85 (-2.1%)
On Friday BankniftyFuture was seen selling pressure and index declined 2.1%
BNF was made a high of 22820 then slide up to 22325.40 and finally ended at 22435
Axisbank declined 3.12%, Indusindbank dropped 3.10%, Icicibank lost 2.70% and HDFCbank fell 1.76%
All front line stocks came down and seen selling pressure on Friday’s trade.
BankniftyFuture weekly trend decider 22000 and 23150
Today Bankniftyfuture is facing a intraday resistance at 22500, 22585 and 22700
If crossover 22700 and holds above the level expecting next resistance at 22950
Today BNF can be considered as supports as 22360 and 22300
Below 22300, Finding a next supports 22160 and 22000
Buy at decline and keep a stop of supports……..
More live market update will be sent to my clients only
Updated : 08.27 AM / 13th July 2020
