Banknifty Future last close : 27737.80
BankniftyFuture saw a sharp selling pressure on Yesterday’s trade
Banknifty index declined 2.6% and major contributed Hdfcbank, Yesbank, Sbin.
Now, BankniftyFuture is facing a intraday resistance at 27880-27950-28150
Above three resistance for crucial for today’s trade…… If rise sell
BNF can be considered as supports as 27600-27500. Recent bottom at 27500
Once if breaks and holds below 27500…….. Expecting further weakness up to 27200-27060
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Yesterday boldly written YESBANK below 79 expecting more weakness
What happened ?? After broken 79 stock crashed up to 73
If closes below 73 consecutive three sessions……ultimate target 47-53
Updated : 08.53 AM / 14th Aug 2019
