BankniftyFuture last close: 33569.05 (-3.3%)
On Thursday, BankniftyFuture was slipped more than 3%
BNF was opened 34300 then dropped to 33307 and finally ended at 33569
All bank stocks was seen huge selling pressure
PSUBank did not well after PNB worst result
VIX shot up to 5% and ended around 24.50
Option premium were set to higher levels
BankniftyFuture formed a big bearish candle on Thursday
SGXNifty indicates a gap up opening and Bank index also will open gap up
However, BankniftyFuture is facing a intraday resistance 33750 and 33900
Once if breaks and manages above 33900 then will try to move 34100
On other side, BNF can be considered as supports as 33500, 33420 and 33300
Below 33300 will try to check 33000
Updated: 08.34 am / 13th May 2022
