13th July 2021 #BankniftyFuture Intraday Levels and Pre-Market Report

BankniftyFuture last close: 35311.55

BankniftyFuture was seen range with volatile session on 12th July

BNF was opened 35386 and went to 35569 then fell vertically to 35152 again bounced-back and settled around 35300

First half seen very range market and second half seen volatile

But, India volatility index did not climb and ended flat note

Bank stocks sustained

Option premium was ended very lower level ahead of low VIX

BankniftyFuture has formed a small bodied bearish candle on daily scale which was indicated caution trade on higher levels

BNF is facing a intraday resistance at 35425, 35500 and 35630

If stays above 35630, will try to move 35750……..

But stay caution at higher levels until 36000

BNF can be considered as supports as 35300, 35220 and 35075

Don’t short at very lower levels!!

More live market update will be sent to my clients only

Updated: 08.22 am / 13th July 2021